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2025-06-25 04:16
Forte Biosciences (NASDAQ:FBRX) has initiated an underwritten public offering of common stock and pre-funded warrants.
Certain investors may receive pre-funded warrants instead of common stock.
Underwriters may be granted a 30-day option to purchase an additional 15% of offered securities.
All securities in the offering are being sold by Forte.
Proceeds will support working capital, clinical and preclinical development, and research activities.
Source: Press release