X4 Pharmaceuticals Prices $135 Million Public Offering of Common Stock and Pre-Funded Warrants

Reuters10-24
X4 Pharmaceuticals Prices $135 Million Public Offering of Common Stock and Pre-Funded Warrants

X4 Pharmaceuticals Inc. has announced the pricing of an underwritten public offering, raising approximately $135 million through the issuance of 45,860,000 shares of common stock at $2.90 per share and pre-funded warrants to purchase up to 700,000 shares at $2.899 per warrant. The pre-funded warrants are exercisable immediately at an exercise price of $0.001 per share. The company has also granted underwriters a 30-day option to purchase up to an additional 6,984,000 shares. X4 intends to use the proceeds to fund the Phase 3 development of mavorixafor for chronic neutropenic disorders, as well as for general corporate purposes. Leerink Partners, Stifel, and Guggenheim Securities are acting as joint bookrunning managers for the offering.

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. X4 Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9551519-en) on October 24, 2025, and is solely responsible for the information contained therein.
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