IPO - Disc Medicine, Inc.
Form Type: 8-K
Filing Date: 2025-01-24
Corporate Action: Ipo
Type: New
Accession Number: 000119312525012211
Filing Summary: On January 22, 2025, Disc Medicine, Inc. entered into an Underwriting Agreement related to an underwritten offering of 3,918,182 shares of common stock at a public price of $55.00 per share, along with 181,818 pre-funded warrants at $54.9999 each. The Underwriters were granted a 30-day option to purchase an additional 615,000 shares, which they executed in full on January 23, 2025. The Offering closed on January 24, 2025, with expected net proceeds of approximately $243.3 million after deductions. The Pre-Funded Warrants allow for cashless exercise, subject to beneficial ownership limits. The Offering is made under the Company’s automatic shelf registration statement, and a press release was issued regarding the Offering on January 21, 2025, followed by the pricing announcement on January 22, 2025.
Document Link: View Document
Additional details:
Underwriting Agreement Date: 2025-01-22
Common Stock Offered: 3918182
Common Stock Price: 55.00
Pre Funded Warrants Offered: 181818
Pre Funded Warrant Price: 54.9999
Underwriters Exercise Option: 615000
Net Proceeds Expected: 243.3 million
Offering Close Date: 2025-01-24
Cash Runway Estimate: into 2028
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