financial news
4 articles tagged "financial news"
Spyre Therapeutics Raises $275 Million in Public Offering to Advance IBD Treatment Pipeline
Spyre Therapeutics has priced a $275 million public offering of 14.86 million shares at $18.50 each to fund development of IBD treatments. The Waltham-based biotech company focuses on extended half-life antibodies targeting α4β7, TL1A, and IL-23 for inflammatory conditions. The offering is expected to close October 15, 2025, with major investment banks including Jefferies and TD Securities managing the deal.
Bank of Canada Announces New Overnight Rate Target
On September 17, 2025, the Bank of Canada set its overnight rate target, shaping the financial landscape. The bank's decision reflects ongoing economic factors affecting interest rates.
Hinge Health Prices Initial Public Offering at $32 per Share
Hinge Health sets its IPO pricing at $32 per share for 13.6 million shares. The NYSE trading is expected to begin soon. Proceeds will address tax obligations from stock sales.
Tarsus Pharmaceuticals Prices Upsized $125 Million Public Offering
Tarsus Pharmaceuticals has announced the pricing of a public offering of $125 million. The company aims to close the deal on March 14, 2025.