secwatch.observer — SEC 8-K summary
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Issuer:     Jade Biosciences, Inc. (JBIO)
CIK:        0001798749
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001193125-25-318436
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jade Biosciences raises $45M in private placement with BB Biotech at $14/share
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- Private placement of 3,214,286 shares at $14.00 per share for gross proceeds of ~$45M.
- Purchaser is BB Biotech; closing expected on or about December 16, 2025.
- Net proceeds to fund R&D, general corporate expenses, and working capital.
- Registration rights agreement filed; resale registration statement required within 45 days post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1798749/000119312525318436/0001193125-25-318436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1798749/000119312525318436/d90753d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-318436

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