Disc Medicine Announces Pricing of $450 Million Upsized Public Offering of Common Stock
Key Highlights
- ➤Disc Medicine (IRON) priced 6,000,000 shares at $75.00 per share
- ➤Offering gross proceeds expected at $450 million before expenses
- ➤Underwriters received a 30-day option for up to 900,000 additional shares
- ➤Offering expected to close October 22, 2026, subject to customary conditions
- ➤Proceeds will fund development and potential commercialization of bitopertin and other candidates
WATERTOWN, Mass., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Disc Medicine, Inc. (NASDAQ: IRON) (Disc), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases, today announced the pricing of an upsized underwritten public offering of shares of its common stock. Disc is selling 6,000,000 shares of common stock at a public offering price of $75.00 per share. In addition, Disc has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The aggregate gross proceeds to Disc from this offering are expected to be $450 million, before deducting underwriting discounts and commissions and other offering expenses, assuming no exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on October 22, 2026, subject to the satisfaction of customary closing conditions.
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