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Capricor Therapeutics prices $150M stock offering
2025-12-05 19:33
- Capricor Therapeutics (CAPR) shares popped over 4% premarket on Friday after the biotechnology company priced an offering to raise $150M.
- The offering includes 6M shares of common stock issued at a public offering price of $25.00 per share. Capricor also granted the underwriters a 30-day option to purchase up to an additional 900K shares.
- The company intends to use the net proceeds from the offering for the continued development and manufacturing of its product candidates, for working capital, and for general corporate purposes.
- The offering is expected to close on or about December 8, 2025, subject to the satisfaction of customary closing conditions.
- CAPR +4.8% premarket to $26.63
- Source: Press Release
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