other material
confidence high
sentiment positive
materiality 0.65
Contineum prices upsized $90M public offering at $12.25/share; net proceeds ~$84.2M
Contineum Therapeutics, Inc.
- 7,346,938 shares of Class A common stock sold at $12.25 per share, up from planned $75M.
- Underwriters have a 30-day option to purchase up to 1,102,040 additional shares.
- Net proceeds estimated at $84.2M after underwriting discounts and expenses.
- Joint book-runners: Goldman Sachs, Leerink Partners, Stifel, RBC, William Blair; Jones as manager.
- Offering closed December 15, 2025, with proceeds for general corporate purposes.