Enliven Therapeutics priced an upsized public offering of 8,933,334 shares of common stock at $37.50 a share, plus pre-funded warrants to buy up to 1,733,333 shares at $37.499 each.
The company expects gross proceeds of about $400.0 million before underwriting discounts, commissions and other expenses. If the underwriters exercise their 30-day option in full, Enliven could sell up to an additional 1,600,000 shares at the public offering price.
The company is selling all of the shares and warrants itself. The offering is expected to close on or about June 15, 2026. The market has reacted to these announcements by moving the company's shares 14.3% to a price of $46.13. If you want to know more, read the company's complete 8-K report here.
