Odyssey Therapeutics Sells 1.39M Shares for $25M in Private Placement
Odyssey Therapeutics, Inc. completed a private placement of 1,388,889 shares of its common stock to TPG LSI Rise Orazio II, L.P., an affiliate of an existing stockholder, for a total of $25,002,002. The shares were sold at the initial public offering (IPO) price of $18.00 per share, with the private placement closing concurrently with the IPO. Additionally, the company filed an amended and restated certificate of incorporation and adopted amended and restated bylaws, effective May 11, 2026, in connection with the IPO.
Key Highlights
- Completed private placement of 1,388,889 common shares.
- Raised $25,002,002 from TPG LSI Rise Orazio II, L.P.
- Shares sold at $18.00 per share, matching IPO price.
- Paid 7.0% placement agent fee for the private placement.
- Filed Amended and Restated Certificate of Incorporation on May 11, 2026.
- Adopted Amended and Restated Bylaws on May 11, 2026.
Price Impact
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