other material
confidence high
sentiment neutral
materiality 0.65
Sera Prognostics prices $50M public offering of 1.25M shares and 11.25M pre-funded warrants
SERA PROGNOSTICS, INC.
- Offering priced at $4.00 per share of Class A common stock and $3.9999 per pre-funded warrant.
- Gross proceeds expected to be ~$50M before underwriting discounts and commissions.
- Underwriters have 30-day option to purchase up to an additional 1.875M shares.
- Proceeds to expand US commercial infrastructure, accelerate EU expansion, fund PreTRM studies and potential FDA submission.
- Existing cash plus net proceeds expected to fund operations through 2028.