other material
confidence high
sentiment neutral
materiality 0.60
Annexon closes $86.25M public offering of common stock and pre-funded warrants
Annexon, Inc.
- Priced 25,096,153 shares at $2.60/share and 3,750,000 pre-funded warrants at $2.599 each.
- Underwriters' option for 4,326,922 additional shares exercised in full; total gross $86.25M.
- Net proceeds of approximately $80.4M after underwriting discounts and expenses.
- Offering closed on November 14, 2025; pre-funded warrants exercisable at $0.001 per share.
- Goldman Sachs, TD Cowen, and Wells Fargo acted as joint book-running managers.