Fulcrum Therapeutics Announces $175 Million Public Offering

Tip Ranks
2025.12.11 11:30
portai
I'm PortAI, I can summarize articles.

Fulcrum Therapeutics announced a $175 million public offering, pricing 11,851,853 shares of common stock and pre-funded warrants for 1,111,193 shares. The offering closes on December 11, 2025, with proceeds for corporate purposes like R&D and acquisitions. Analysts rate FULC stock as Hold with a $16 target. Fulcrum, a biopharmaceutical firm, focuses on rare genetic diseases, with its lead program targeting sickle cell disease.