---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-084797"
form_type: "8-K"
ticker: "MDGL"
cik: "0001157601"
company_name: "MADRIGAL PHARMACEUTICALS, INC."
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T03:20:19.161019+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Madrigal raises ~$86M from underwriters' option exercise; total offering ~$660M

## Summary
- Underwriters exercised option to purchase 346,153 shares at $260.00 per share.
- Option exercise closed on April 2, 2024; net proceeds of ~$86 million.
- Aggregate net proceeds from the offering and option exercise expected ~$660 million.
- Offering included 750,000 shares and pre-funded warrants for 1,557,692 shares.

## SEC filing metadata
- accession: 0001193125-24-084797
- form_type: 8-K
- ticker: MDGL
- cik: 0001157601
- company_name: MADRIGAL PHARMACEUTICALS, INC.
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157601/000119312524084797/0001193125-24-084797-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157601/000119312524084797/d818318d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-084797
- JSON: https://secwatch.observer/filing/0001193125-24-084797.json
- Plain text: https://secwatch.observer/filing/0001193125-24-084797.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.