Monte Rosa Therapeutics Announces Pricing of $300 Million Underwritten Public Offering | GLUE Stock News

StockTitan
2026.01.08 19:49
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Monte Rosa Therapeutics, Inc. has announced the pricing of a $300 million underwritten public offering, consisting of 11,125,000 shares of common stock priced at $24.00 each, along with pre-funded warrants for 1,375,000 shares at $23.9999 each. The offering is expected to close on January 12, 2026, subject to customary conditions. Jefferies, TD Cowen, and Piper Sandler are the joint book-running managers. The offering is made under an effective shelf registration statement with the SEC. Monte Rosa focuses on developing molecular glue degrader medicines for serious diseases.