Adagio Medical Holdings Inc. has announced a private placement of securities expected to generate approximately $19 million in upfront proceeds, with the potential for up to an additional $31 million if accompanying warrants are fully exercised for cash. The financing is led by an affiliate of existing investor Perceptive Advisors, LLC, alongside participation from other healthcare-focused and institutional investors. The company plans to use the net proceeds for working capital and general corporate purposes, including advancing clinical and product development activities. Piper Sandler is acting as the sole placement agent, and Lake Street is serving as financial advisor for the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Adagio Medical Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251015587267) on October 15, 2025, and is solely responsible for the information contained therein.
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