Biomea Fusion, Inc. (BMEA) Announces Proposed $125M Share Offering

Go back to Biomea Fusion, Inc. (BMEA) Announces Proposed $125M Share Offering

Biomea Fusion Announces Proposed Public Offering of Common Stock

March 29, 2023 6:30 AM EDT

REDWOOD CITY, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (Biomea) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent small molecules to treat and improve the lives of patients with genetically defined cancers and metabolic diseases, announced today that it has commenced an underwritten public offering of $125.0 million of shares of its common stock. All of the shares of the common stock in the proposed offering are being offered by Biomea. In addition, Biomea intends to grant the underwriters a 30-day option to purchase up to an additional $18.75... More