other material
confidence high
sentiment neutral
materiality 0.75
Mineralys prices $175M public offering (12.96M shares at $13.50); net proceeds ~$164.2M
Mineralys Therapeutics, Inc.
- Offering of 12,962,962 shares at $13.50; gross proceeds $175M; net proceeds ~$164.2M.
- Underwriters have 30-day option for additional 1,944,444 shares, adding up to $26.3M.
- Proceeds to fund lorundrostat clinical development, R&D, manufacturing, and pre-commercialization.
- Joint book-runners: BofA Securities, Evercore ISI, Goldman Sachs, Stifel, Wells Fargo.
- Expected to close March 13, 2025; subject to customary conditions.