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flag X4 Pharmaceuticals raised $155.3 million in a stock offering to fund rare blood disease treatments.

flag X4 Pharmaceuticals closed a public offering on October 27, 2025, raising $155.3 million in gross proceeds by selling 52.8 million shares at $2.90 each, with underwriters fully exercising their option to buy an additional 6.98 million shares. flag Certain investors received pre-funded warrants for 700,000 shares at $2.899 each, exercisable at $0.001 per share. flag The company, trading on Nasdaq as XFOR, plans to use the funds for research, clinical development, and commercialization of therapies for rare hematology diseases.

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