InvestmentApr 16, 2026, 07:49 AM
MeiraGTx prices $100M public offering of 11.1M shares
AI Summary
MeiraGTx Holdings plc announced the pricing of an underwritten offering of 11,111,111 ordinary shares at $9.00 per share. The offering is expected to generate approximately $100 million in gross proceeds for the company. MeiraGTx believes these funds, combined with existing cash, will be sufficient to cover operating expenses and capital expenditures, including potential commercial launches, into the second half of 2028. The offering is anticipated to close around April 17, 2026.
Key Highlights
- Priced underwritten offering of 11,111,111 ordinary shares.
- Offering price set at $9.00 per share.
- Expected gross proceeds of approximately $100 million.
- Funds operations and capital expenditures into second half of 2028.
- Offering expected to close on or about April 17, 2026.