other material
confidence high
sentiment positive
materiality 0.90
Rapport Therapeutics closes private placement of 1,058,824 shares at $17.00 per share with existing stockholders
Rapport Therapeutics, Inc.
- Entered Stock Purchase Agreements with Sofinnova Venture Partners and affiliates of Goldman Sachs for 1,058,824 shares at $17.00/share, concurrent with IPO.
- Private placement closed June 10, 2024; placement agents included Goldman Sachs, Jefferies, TD Securities, and Stifel.
- Shares issued under Section 4(a)(2) exemption to institutional accredited investors; Sofinnova granted registration rights after one-year anniversary.
- Filed third amended and restated certificate of incorporation and bylaws in connection with IPO effectiveness.