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flag Eledon Pharmaceuticals plans a stock and warrant offering to fund development of its drug for kidney transplants, xenotransplantation, and ALS.

flag Eledon Pharmaceuticals (ELDN) announced on November 11, 2025, a proposed public offering of common stock and pre-funded warrants, with proceeds to support clinical development of its lead drug, tegoprubart, for kidney transplantation, xenotransplantation, and ALS. flag The offering, managed by Leerink Partners and Cantor Fitzgerald, may include a 15% overallotment option. flag It is subject to market conditions and regulatory approval, with no guarantee of timing or completion. flag A preliminary prospectus supplement is available via the SEC’s website.

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