MoonLake Immunotherapeutics Announces Proposed Public Offering
MoonLake Immunotherapeutics announced a proposed public offering of $150 million of its Class A ordinary shares and pre-funded warrants, with a 30-day option for underwriters to purchase an additional $22.5 million. The company intends to use the net proceeds to fund the research, development, and potential commercialization of sonelokimab, its investigational Nanobody for inflammatory diseases, as well as for general corporate purposes.
Key figures
- Drug Name
- sonelokimab
- Deal Value Usd
- 150000000
- Greenshoe value
- 22500000
AI analysis
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