Viridian Therapeutics Launches Underwritten Public Offering of Common and Preferred Stock

Reuters
2025/10/22
Viridian <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Launches Underwritten Public Offering of Common and Preferred Stock

Viridian Therapeutics Inc. has announced the commencement of an underwritten public offering of shares of its common stock and Series B non-voting convertible preferred stock. All securities in the offering will be sold by Viridian, and the company may also grant underwriters a 30-day option to purchase additional common shares. Each Series B preferred share is convertible into 66.67 shares of common stock, subject to certain ownership limits. Proceeds from the offering are intended to support commercial launch activities for veligrotug and VRDN-003, fund research and development, and provide working capital and general corporate funds. Jefferies, Leerink Partners, Evercore ISI, and Stifel are serving as joint book-running managers, with Wedbush PacGrow acting as co-manager.

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. Viridian Therapeutics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251021516711) on October 21, 2025, and is solely responsible for the information contained therein.

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