---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-405580"
form_type: "8-K"
ticker: "VKTX"
cik: "0001607678"
company_name: "Viking Therapeutics, Inc."
filed_at: "2026-09-28T21:27:17+00:00"
generated_at: "2026-10-12T13:38:39.130566+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Viking Therapeutics raises ~$548M via stock and 2.00% convertible notes offerings

## Summary
- Equity offering: 7,857,143 shares sold at $35.00/share, plus full exercise of the 1,178,571-share underwriter option; net proceeds ~$297.0M; closed Sept. 25, 2026.
- Debt offering: $225M of 2.00% convertible senior notes due Oct. 15, 2032, plus $33.75M option exercised in full; net proceeds ~$250.8M; interest payable semi-annually from April 15, 2027.
- Notes convert initially at ~$50.75/share (19.7044 shares per $1,000), a 45% premium to the $35.00 equity offering price; U.S. Bank Trust Company is trustee.
- Proceeds earmarked for clinical development and commercialization of VK2735, development of VK3019, and general R&D, working capital and corporate purposes.
- Notes callable on or after Oct. 22, 2029 if the stock exceeds 130% of the conversion price; cleanup redemption permitted if less than 15% of principal remains outstanding.

## SEC filing metadata
- accession: 0001193125-26-405580
- form_type: 8-K
- ticker: VKTX
- cik: 0001607678
- company_name: Viking Therapeutics, Inc.
- filed_at: 2026-09-28T21:27:17+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607678/000119312526405580/0001193125-26-405580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607678/000119312526405580/vktx-20260923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-405580
- JSON: https://secwatch.observer/filing/0001193125-26-405580.json
- Plain text: https://secwatch.observer/filing/0001193125-26-405580.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.