BRISBANE, Calif., Nov. 14, 2025 (GLOBE NEWSWIRE) -- Annexon, Inc. (“Annexon”) (Nasdaq: ANNX), a biopharmaceutical company advancing a late-stage clinical platform targeting neuroinflammation across life-changing complement-mediated diseases of the body, brain, and eye, today announced the closing of its previously announced underwritten public offering of 29,423,075 shares of its common stock, which includes the full exercise of the underwriters’ option to purchase 4,326,922 additional shares of common stoc ...

Core Viewpoint - Annexon, Inc. has announced a public offering of common stock and pre-funded warrants to raise approximately $75 million to advance its clinical platform targeting neuroinflammation in complement-mediated diseases [1][2]. Group 1: Offering Details - The public offering consists of 25,096,153 shares of common stock priced at $2.60 per share and pre-funded warrants for 3,750,000 shares at a purchase price of $2.599 per share [1]. - The gross proceeds from the offering are expected to be $75 million before deducting underwriting discounts and commissions [2]. - The offering is set to close on November 14, 2025, subject to customary closing conditions [2]. Group 2: Underwriters - Goldman Sachs & Co. LLC, TD Cowen, and Wells Fargo Securities are acting as joint book-running managers for the offering [3]. Group 3: Company Overview - Annexon, Inc. is focused on developing complement inhibitors to address neuroinflammation, targeting diseases affecting the body, brain, and eye [6]. - The company's approach centers on C1q, aiming to prevent tissue damage caused by misdirected inflammatory pathways [6]. - Annexon's pipeline includes investigational drug candidates across autoimmunity, neurodegeneration, and ophthalmology, addressing the needs of nearly 10 million people globally [6].

Core Viewpoint - Annexon, Inc. has initiated a public offering of $75 million in common stock or pre-funded warrants, with an additional option for underwriters to purchase up to $11.25 million more, aimed at advancing its clinical platform targeting neuroinflammation in complement-mediated diseases [1][2]. Company Overview - Annexon, Inc. is focused on developing next-generation complement inhibitors to address neuroinflammation, targeting diseases affecting the body, brain, and eye [5]. - The company’s approach centers on C1q, a key molecule in the inflammatory pathway, with the goal of preventing tissue damage in various diseases [5]. - Annexon’s pipeline includes investigational drug candidates across three therapeutic areas: autoimmunity, neurodegeneration, and ophthalmology, addressing the needs of nearly 10 million people globally [5]. Offering Details - The public offering is being conducted under a shelf registration statement filed with the SEC, with a preliminary prospectus supplement to be made available [3]. - Goldman Sachs & Co. LLC, TD Cowen, and Wells Fargo Securities are serving as joint book-running managers for the offering [2].