secwatch.observer — SEC 8-K summary
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Issuer:     Nuvalent, Inc. (NUVL)
CIK:        0001861560
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001193125-25-288770
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvalent prices $500M public offering at $101/share; net proceeds ~$472M
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- Pricing of 4,950,496 shares at $101.00/share for gross proceeds of ~$500M.
- Net proceeds to Nuvalent of ~$471.9M after underwriting discounts and expenses.
- Selling stockholders (Deerfield funds) have 30-day option to sell 742,574 additional shares; Nuvalent receives no proceeds.
- Closing expected on November 20, 2025; net proceeds plus existing cash expected to fund operations into 2029.
- Joint book-running managers: J.P. Morgan, Jefferies, TD Cowen, and Cantor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1861560/000119312525288770/0001193125-25-288770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1861560/000119312525288770/d33478d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-288770

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer