other material
confidence high
sentiment neutral
materiality 0.70
Protara Therapeutics prices public offering of 13M shares at $5.75 for $75M gross proceeds
Protara Therapeutics, Inc.
- Priced 13,043,479 common shares at $5.75 per share; gross proceeds ~$75M before fees.
- Underwriters granted 30-day option to buy up to 1,956,521 additional shares at same price.
- Net proceeds to fund clinical development of TARA-002 and other pipeline programs.
- Company and insiders subject to 60-day lock-up on share transfers post-offering.
- Offering closed Dec 8, 2025; J.P. Morgan, TD Securities, Piper Sandler acted as representatives.