other material
confidence high
sentiment neutral
materiality 0.70
Spyre Therapeutics raises ~$463.5M in underwritten public offering of 7.475M shares at $62.00/share
Spyre Therapeutics, Inc.
- Gross proceeds of ~$463.5M from 7.475M shares including full exercise of over-allotment option at $62.00/share.
- Proceeds to fund IBD and rheumatic disease programs, including preclinical, clinical trials, manufacturing, and Phase 3 readiness.
- Underwriting agreement with Jefferies, Goldman Sachs, Evercore, and Guggenheim Securities as representatives.
- Offering closed on April 16, 2026.