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Vor Bio Announces Pricing of Public Offering of $100 Million of Common Stock - Vor Biopharma (NASDAQ:VOR)
VorVor(US:VOR) Benzingaยท2025-11-11 02:56

Company Overview - Vor Biopharma Inc. is a clinical-stage biotechnology company focused on transforming the treatment of autoimmune diseases [5] - The company is advancing telitacicept, a novel dual-target fusion protein, through Phase 3 clinical development [5] Offering Details - Vor Biopharma announced a public offering of 10,000,000 shares of its common stock at a price of $10.00 per share, expecting gross proceeds of $100 million [1] - The offering is set to close on or about November 12, 2025, subject to customary closing conditions [1] - Underwriters have a 30-day option to purchase an additional 1,500,000 shares at the public offering price [1] Underwriters - J.P. Morgan, Jefferies, Citigroup, and TD Cowen are acting as joint book-running managers for the offering [2] Regulatory Information - The shares are being offered pursuant to a shelf registration statement filed with the SEC, which was declared effective on March 31, 2025 [3] - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC and are available on their website [3]