Corporate ActionMay 19, 2026, 05:18 PM
Rapid Micro Biosystems Offers 3.58M Shares & Warrants at $1.955
AI Summary
Rapid Micro Biosystems, Inc. entered into an underwriting agreement on May 18, 2026, for an underwritten offering of its Class A common stock and accompanying Series A and Series B warrants. The offering includes 3,581,000 shares of common stock and up to 1,463,000 pre-funded warrants, each with accompanying warrants. The combined offering price is $1.955 per unit for shares and warrants, and $1.945 per unit for pre-funded warrants and warrants. The offering is expected to close on May 20, 2026.
Key Highlights
- Underwriting agreement signed for an underwritten offering of securities.
- Offering includes 3,581,000 Class A common shares and accompanying warrants.
- Up to 1,463,000 pre-funded warrants also offered with accompanying warrants.
- Combined offering price for shares and warrants is $1.955 per unit.
- Combined offering price for pre-funded warrants and warrants is $1.945 per unit.
- Series A warrants have an exercise price of $1.955 and expire in one year.
- Series B warrants have an exercise price of $2.340 and expire in five years.
- Pre-funded warrants have an initial exercise price of $0.01 per share.
Price Impact
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