Scholar Rock (SRRK) PT Raised to $38 at BMO Capital

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Scholar Rock Holding Corp. (SRRK) Prices Upsized 10.27M Share and Warrant Offering at $28.25/sh

October 9, 2024 6:04 AM EDT

Scholar Rock Holding Corporation (Nasdaq: SRRK), a late-stage biopharmaceutical company focused on advancing innovative treatments for spinal muscular atrophy (SMA), cardiometabolic disorders, and other serious diseases where protein growth factors play a fundamental role, today announced the pricing of an upsized underwritten public offering of 10,265,488 shares of its common stock at a public offering price of $28.25 per share and, in lieu of common stock to investors who so choose, pre-funded warrants to purchase 353,983 shares of common stock at a public offering price of $28.2499 per pre-funded warrant, which represents the per share public... More