X4 Pharmaceuticals Inc. announced the closing of an underwritten public offering, raising approximately $155.3 million in gross proceeds. The offering included 52,844,000 shares of common stock, as well as pre-funded warrants to purchase up to 700,000 shares. The underwriters exercised their option to purchase an additional 6,984,000 shares in full. The shares were offered at $2.90 per share, and the pre-funded warrants at $2.899 per warrant with an exercise price of $0.001 per share. After the offering, the total shares outstanding stood at 79,214,708. Leerink Partners, Stifel, and Guggenheim Securities acted 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: GNW9563072-en) on October 27, 2025, and is solely responsible for the information contained therein.
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