Back to news

Atrium Therapeutics Announces $50 Million Private Placement

PR Newswire•08/10/2026•06:30 ET
0

Key Highlights

  • ➤Approximately $50 million private placement targets institutional investors
  • ➤5,170,384 common shares priced at $7.93 each
  • ➤Pre-funded warrants cover 1,134,930 shares at $7.929 each
  • ➤Net proceeds plus existing funds expected to finance operations through 2028
  • ➤Proceeds will fund two lead candidates, research programs, and working capital

Atrium Therapeutics Announces $50 Million Private Placement PR Newswire

SAN DIEGO, Oct. 8, 2026 /PRNewswire/ -- Atrium Therapeutics, Inc. (Nasdaq: RNA) ("Atrium" or the "Company"), a biopharmaceutical company advancing precision cardiology by developing RNA therapeutics targeted to the heart, today announced that it has entered into a securities purchase agreement (the "purchase agreement") with a group of leading institutional investors for a private placement financing (the "private placement"). The private placement is expected to result in aggregate gross proceeds to the Company of approximately $50 million, before deducting placement agent fees and other offering expenses.

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in