On June 26, 2025, Zymeworks Inc. entered into an amendment with EcoR1 Capital Fund, L.P. and EcoR1 Capital Fund Qualified, L.P. regarding their Pre-Funded Warrants, allowing them to exercise these warrants without the previous ownership limitations. The Purchasers, who initially acquired 5,086,521 Pre-Funded Warrants on December 28, 2023, for approximately $50 million at a per share price of $9.8299, have now exercised these warrants in full.
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. Zymeworks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-151279), on June 27, 2025, and is solely responsible for the information contained therein.