other material
confidence high
sentiment neutral
materiality 0.65
Maze Therapeutics prices $150M registered offering; net proceeds ~$144.7M
Maze Therapeutics, Inc.
- Offering of 5,540,000 shares at $23.50/share and 850,000 pre-funded warrants at $23.499 each.
- Net proceeds of ~$144.7M to fund R&D for MZE829 (AMKD) and MZE782 (PKU, CKD) and general corporate purposes.
- Expected to close April 23, 2026; Leerink Partners LLC is sole underwriter.
- Participants include Farallon, T. Rowe Price, Frazier Life Sciences, Janus Henderson, and others.
- Cash runway extended into 2029 based on current business plan.