secwatch / observer
8-K filed December 9, 2022, 6:59 PM ET ticker XFOR CIK 0001501697
other material confidence high sentiment neutral materiality 0.60

X4 Pharmaceuticals prices $65M public offering of common stock and warrants

X4 Pharmaceuticals, Inc

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

X4 Pharmaceuticals, Inc entered into Underwriting Agreement with Piper Sandler & Co., Stifel, Nicolaus & Company, Incorporated and Cantor Fitzgerald & Co., as representatives of the several underwriters valued at approximately $59.8 million (effective 2022-12-07).

Action
entry
Agreement
underwriting
Counterparty
Piper Sandler & Co., Stifel, Nicolaus & Company, Incorporated and Cantor Fitzgerald & Co., as representatives of the several underwriters
Value
approximately $59.8 million
Effective
2022-12-07
Exact text from the filing
On December 7, 2022, X4 Pharmaceuticals, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Piper Sandler & Co., Stifel, Nicolaus & Company, Incorporated and Cantor Fitzgerald & Co., as representatives of the several underwriters named therein (collectively, the “Underwriters”), relating to the issuance and sale (the “Offering”) of 52,300,000 shares of the Company’s common stock, pre-funded warrants to purchase 6,800,000 shares of the Company’s common stock (the “Pre-Funded Warrants”) and Class C warrants to purchase 29,550,000 shares of the Company’s common stock or Pre-Funded Warrants (the “Class C Warrants”) at a price to the public of $1.10 per share for common stock and accompanying Class C Warrant and $1.099 per Pre-Funded Warrant and accompanying Class C Warrant.
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X4 Pharmaceuticals, Inc filing history →

Source: SEC EDGAR
accession 0001628280-22-031632
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