other material
confidence high
sentiment neutral
materiality 0.75
Neurogene raises ~$134.8M in public offering of common stock and pre-funded warrants
Neurogene Inc.
- Issued 3.5M shares at $30.00 and pre-funded warrants for 666,666 shares at $29.999999.
- Underwriters exercised option for additional 624,999 shares; total net proceeds ~$134.8M.
- Offering expected to close July 2, 2026; proceeds plus existing cash fund operations into Q1 2029.
- Pre-funded warrants exercisable immediately, subject to 4.99%/9.99% beneficial ownership limitation.