other material
confidence high
sentiment neutral
materiality 0.70
Larimar Therapeutics prices $64.4M common stock offering at $3.20 per share
Larimar Therapeutics, Inc.
- Offering of 18,750,000 shares of common stock at $3.20; underwriters' over-allotment of 2,812,500 shares exercised in full.
- Net proceeds expected approximately $64.4 million after underwriting discounts and expenses.
- Joint book-running managers: Leerink Partners, Guggenheim Securities, Truist Securities, William Blair.
- Offering expected to close July 31, 2025, subject to customary conditions.