Dianthus Therapeutics, Inc. Announces Pricing of Upsized $251 Million Underwritten Public Offering
Dianthus Therapeutics (NASDAQ:DNTH), a clinical-stage biotech company, has announced the pricing of its upsized public offering at $33.00 per share. The offering consists of 6,487,879 shares of common stock and pre-funded warrants to purchase up to 1,112,121 shares at $32.999 per warrant.
The offering is expected to generate approximately $251 million in gross proceeds before expenses. The company has granted underwriters a 30-day option to purchase up to an additional 1,140,000 shares. The proceeds will support Dianthus's preclinical and clinical development activities, working capital, and general corporate purposes. The offering is expected to close on September 11, 2025.
Dianthus Therapeutics (NASDAQ:DNTH), una società biotecnologica in fase clinica, ha comunicato il prezzo della sua offerta pubblica ampliata a $33,00 per azione. L'offerta comprende 6.487.879 azioni ordinarie e warrant pre-finanziati per l'acquisto fino a 1.112.121 azioni al prezzo di $32,999 per warrant.
Si prevede che l'offerta genererà circa $251 milioni di proventi lordi prima delle spese. La società ha concesso agli offerenti un'opzione di 30 giorni per acquistare fino a ulteriori 1.140.000 azioni. I proventi sosterranno le attività di sviluppo preclinico e clinico di Dianthus, il capitale circolante e finalità aziendali generali. La chiusura dell'offerta è prevista per il 11 settembre 2025.
Dianthus Therapeutics (NASDAQ:DNTH), una compañía biotecnológica en fase clínica, ha anunciado el precio de su oferta pública ampliada en $33.00 por acción. La oferta consta de 6.487.879 acciones ordinarias y warrants prefinanciados para comprar hasta 1.112.121 acciones a $32.999 por warrant.
Se espera que la oferta genere aproximadamente $251 millones de ingresos brutos antes de gastos. La compañía ha otorgado a los suscriptores una opción de 30 días para comprar hasta 1.140.000 acciones adicionales. Los fondos respaldarán las actividades de desarrollo preclínico y clínico de Dianthus, el capital de trabajo y fines corporativos generales. El cierre de la oferta está previsto para el 11 de septiembre de 2025.
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Dianthus Therapeutics (NASDAQ:DNTH), une société biotechnologique en phase clinique, a annoncé le prix de son offre publique augmentée à 33,00 $ par action. L'offre se compose de 6 487 879 actions ordinaires et de bons de souscription prépayés permettant d'acheter jusqu'à 1 112 121 actions au prix de 32,999 $ par bon.
On estime que l'offre générera environ 251 millions de dollars de produits bruts avant frais. La société a accordé aux teneurs de livres une option de 30 jours pour acheter jusqu'à 1 140 000 actions supplémentaires. Les produits serviront à financer les activités de développement préclinique et clinique de Dianthus, le fonds de roulement et des besoins généraux de l'entreprise. La clôture de l'offre est prévue le 11 septembre 2025.
Dianthus Therapeutics (NASDAQ:DNTH), ein Biotech-Unternehmen in klinischer Phase, hat die Preisfestsetzung seiner aufgestockten öffentlichen Platzierung mit $33,00 pro Aktie bekanntgegeben. Das Angebot umfasst 6.487.879 Stammaktien sowie vorfinanzierte Optionsscheine zum Erwerb von bis zu 1.112.121 Aktien zu je $32,999 pro Optionsschein.
Es wird erwartet, dass die Platzierung vor Kosten etwa $251 Millionen Bruttoerlös einbringt. Das Unternehmen hat den Underwritern eine 30-tägige Option eingeräumt, bis zu weitere 1.140.000 Aktien zu erwerben. Die Erlöse sollen die präklinischen und klinischen Entwicklungsaktivitäten von Dianthus, das Umlaufvermögen und allgemeine Unternehmenszwecke unterstützen. Der Abschluss der Platzierung ist für den 11. September 2025 vorgesehen.
- Significant capital raise of $251 million strengthens company's financial position
- Upsized offering indicates strong investor interest
- Proceeds will advance preclinical and clinical development activities
- Additional 30-day option for underwriters could provide extra capital
- Potential dilution for existing shareholders
- Warrant issuance could create additional future dilution
Insights
Dianthus secures $251M in upsized offering, significantly strengthening its financial position to advance autoimmune disease pipeline.
Dianthus Therapeutics has successfully priced an upsized $251 million public offering at
The upsized nature of this offering suggests strong investor demand, which is particularly noteworthy for a clinical-stage biotech company in today's market environment. With this capital infusion, Dianthus has secured a substantial runway to advance its complement-targeting antibody therapeutics for autoimmune diseases.
This financing represents a significant vote of confidence in Dianthus' scientific approach targeting the complement system, a crucial part of the immune response implicated in various autoimmune conditions. The impressive syndicate of underwriters including Jefferies, TD Cowen, Evercore ISI, and Stifel further validates investor interest.
The proceeds will fund the company's preclinical and clinical development activities, providing critical resources to potentially advance multiple candidates through value-creating clinical milestones. For a clinical-stage biotech company, this substantial capital raise significantly de-risks their near-term financing needs and strengthens their negotiating position for potential future partnerships or collaborations.
NEW YORK and WALTHAM, Mass., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Dianthus Therapeutics, Inc. (Nasdaq: DNTH), a clinical-stage biotechnology company dedicated to advancing the next generation of antibody complement therapeutics to treat severe autoimmune diseases (“Dianthus� or the “Company�), today announced the pricing of its previously announced upsized underwritten public offering of 6,487,879 shares of its common stock at a public offering price per share of
Dianthus intends to use the net proceeds from this offering to advance the Company’s preclinical and clinical development activities, as well as for working capital and general corporate purposes.
Jefferies, TD Cowen, Evercore ISI and Stifel are acting as joint book-running managers for the offering. LifeSci Capital is also acting as lead manager for the offering.
A shelf registration statement relating to these securities was filed with the Securities and Exchange Commission (“SEC�) and became effective on October 9, 2024. This offering is being made only by means of a written prospectus, including a prospectus supplement, forming a part of an effective registration statement. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website, located at www.sec.gov. A copy of the final prospectus supplement and the accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website, located at www.sec.gov, and, when available, may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at [email protected]; TD Securities (USA) LLC, 1 Vanderbilt Avenue, New York, NY 10017, by telephone at (855) 495-9846, or by email at [email protected]; Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at (888) 474-0200, or by email at [email protected]; or Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One Montgomery Street, Suite 3700, San Francisco, CA 94104, by telephone at (415) 364-2720, or by email at [email protected].
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Dianthus Therapeutics
Dianthus Therapeutics is a clinical-stage biotechnology company dedicated to designing and delivering novel, best-in-class monoclonal antibodies with improved selectivity and potency. Based in New York City and Waltham, Mass., Dianthus is comprised of an experienced team of biotech and pharma executives who are leading the development of next-generation antibody complement therapeutics, aiming to deliver transformative medicines for people living with severe autoimmune and inflammatory diseases.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release, other than purely historical information, may constitute “forward-looking statements� within the meaning of the federal securities laws, including for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, express or implied statements regarding Dianthus� expectations regarding the consummation of the offering, the satisfaction of customary closing conditions with respect to the offering and the potential value and clinical benefit of the Company’s product candidates. The words “opportunity,� “potential,� “milestones,� “runway,� “will,� “anticipate,� “achieve,� “near-term,� “catalysts,� “pursue,� “pipeline,� “believe,� “continue,� “could,� “estimate,� “expect,� “intend,� “may,� “might,� “plan,� “possible,� “predict,� “project,� “should,� “strive,� “would,� “aim,� “target,� “commit,� and similar expressions (including the negatives of these terms or variations of them) generally identify forward-looking statements, but the absence of these words does not mean that statement is not forward looking.
Actual results could differ materially from those included in the forward-looking statements due to various factors, risks and uncertainties, including, but not limited to, that preclinical testing of claseprubart and data from clinical trials may not be predictive of the results or success of ongoing or later clinical trials, that the development of claseprubart or the Company's other compounds may take longer and/or cost more than planned, that the Company may be unable to successfully complete the clinical development of the Company’s compounds, that the Company may be delayed in initiating, enrolling or completing its planned clinical trials, and that the Company's compounds may not receive regulatory approval or become commercially successful products. These and other risks and uncertainties are identified under the heading "Risk Factors" included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2024, and other filings that the Company has made and may make with the SEC in the future. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.
The forward-looking statements in this press release speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Dianthus undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Contact
Jennifer Davis Ruff
Dianthus Therapeutics
[email protected]
