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Spyre Therapeutics raised $275 million in a stock offering to advance its inflammatory bowel disease treatments.
Spyre Therapeutics priced a public offering of 14.86 million shares at $18.50 each, raising about $275 million before fees, with an option for underwriters to buy up to 2.23 million more shares.
The offering, expected to close around October 15, 2025, is underwritten by Jefferies, TD Securities, Leerink Partners, Stifel, and Wedbush Securities.
The company, focused on inflammatory bowel disease treatments, is advancing investigational antibodies targeting immune pathways.
The offering is covered by a March 7, 2025, SEC-registered Form S-3.
Forward-looking statements include risks related to market conditions and regulatory factors.
Spyre Therapeutics recaudó $ 275 millones en una oferta de acciones para avanzar en sus tratamientos de enfermedades inflamatorias intestinales.