Immix Biopharma priced an underwritten offering of 11,363,637 common shares at $11.00 each, putting expected gross proceeds at $125 million.
The company said the deal is expected to close on or about Sept. 30, 2026.
The new capital is earmarked for NXC-201 development, working capital and general corporate purposes.
J.P. Morgan is the sole book-running manager. The offering drew both new and existing institutional investors, including Eventide Asset Management, Janus Henderson Investors, Ridgeback Capital Investments, Wellington Management and other biotech-focused funds.
The shares are being sold through Immix Biopharma’s shelf registration statement filed Jan. 9, 2026 and declared effective Jan. 22, 2026. Today the company's shares have moved -8.11% to a price of $10.54. For the full picture, make sure to review Immix Biopharma's 8-K report.
