other material
confidence high
sentiment positive
materiality 0.75
Kalaris Therapeutics raises $50M in oversubscribed private placement; cash runway into Q3 2027
Kalaris Therapeutics, Inc.
- Raised ~$50M gross via 4.2M shares at $10.00/share and 800K pre-funded warrants at $9.9999.
- Pricing was at a premium to prior 5-day closing price on Nasdaq.
- Investors include ADAR1 Capital, Coastlands, Invus, RTW, Samsara BioCapital, Woodline Partners.
- Proceeds to advance TH103 for neovascular AMD and for working capital; cash runway to Q3 2027.
- Private placement expected to close Dec 19, 2025; registration rights to file after April 1, 2026.