TRex Bio, Inc. Form 424B4 — Oct 9, 2026
TRex Bio priced its IPO at $14.00 per share, selling 8,333,334 shares for gross proceeds of ~$116.7 million (~$103.5M net), with underwriters holding a 30-day option on 1,250,000 additional shares. The stock is expected to list on Nasdaq under "TRXB," with J.P.
Key figures
- Greenshoe
- 1250000
- Cash Position
- 90854000
- Gross Proceeds
- 116666676
- Offering Price
- 14
- Shares Offered
- 8333334
- Shares Outstanding
- 27445682
- Runway
- into the second half of 2029
- Net Proceeds
- approximately $103.5 million (or ~$119.8 million if greenshoe exercised)
- Nasdaq Symbol
- TRXB
- Reverse Split Ratio
- 1-for-3.8649 (effected October 2, 2026)
- Proceeds Before Expenses
- 108500009
- Total Assets Pro Forma Adjusted
- 198684000
- Underwriting Discount Per Share
- 0.98
AI analysis
Red flags6 · Pro
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