By Kelly Cloonan
Shares of Vor Bio declined after the company shared plans for a public offering of $100 million of its common stock.
The stock fell 26% to $13.90 in after-hours trading on Monday. Shares are down 15% this year through market close.
Vor Bio granted underwriters a 30-day option to purchase up to an additional $15 million shares of its common stock units to cover over-allotments, according to a filing with the Securities and Exchange Commission on Monday.
The biotechnology company did not disclose the number of units or price it plans to sell them for, or its expected net proceeds.
It plans to use the proceeds to advance clinical development for telitacicept, a treatment for systemic lupus erythematosus, rheumatoid arthritis and generalized myasthenia gravis.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 10, 2025 18:39 ET (23:39 GMT)
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