secwatch.observer — SEC 8-K summary
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Issuer:     Veradermics, Inc (MANE)
CIK:        0001827635
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001628280-26-029376
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veradermics raises $414M in public offering and private placement to Suvretta Capital
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- Closed underwritten public offering of 3,843,790 shares at $100.00 per share, gross proceeds ~$384M.
- Concurrent private placement: sold pre-funded warrants for 300,000 shares to Suvretta Capital affiliates for ~$30M.
- Pre-funded warrants exercisable at $0.00001/share; 9.99% ownership cap (can be increased to 19.99% with 61 days notice).
- Underwriters granted 30-day option to buy up to 576,568 additional shares at $100/share.
- Company subject to 90-day lock-up on future share issuances (with customary exceptions).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827635/000162828026029376/0001628280-26-029376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827635/000162828026029376/mane-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029376

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer