other material
confidence high
sentiment neutral
materiality 0.90
Kymera Therapeutics enters $500M at-the-market offering agreement with TD Cowen
Kymera Therapeutics, Inc.
- Agreement allows Kymera to sell up to $500M of common stock through TD Cowen at its discretion.
- TD Cowen will receive up to 3.0% commission on gross proceeds from sales under the agreement.
- Kymera terminated its prior Open Market Sale Agreement with Jefferies LLC effective February 26, 2026.
- Kymera filed a resale prospectus for up to 18,819,826 shares and 12,565,253 warrant shares held by certain stockholders.
- The resale filing does not guarantee any sales and Kymera will not receive proceeds from resales by stockholders.