other material
confidence high
sentiment neutral
materiality 0.70
Karyopharm raises ~$50M via private placement and ATM; cash runway into late Q3 2026
Karyopharm Therapeutics Inc.
- Private placement with RA Capital Management closed March 26: 1.03M shares at $6.785, pre-funded warrants for 3.39M shares, and warrants for 4.42M shares at $10.00 exercise.
- Gross proceeds from private placement ~$30M; net proceeds from ATM sales of 2.99M shares ~$19.8M.
- Post-transaction shares outstanding 22.54M plus pre-funded warrants for 4.01M shares.
- Management expects existing liquidity, net product revenue, and license revenue to fund operations into late Q3 2026.