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Cabaletta Bio Prices $150 Million Stock Offering
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Cabaletta Bio Prices $150 Million Stock Offering
May 4, 2026 4:25 AM

06:56 AM EDT, 05/04/2026 (MT Newswires) -- Cabaletta Bio ( CABA ) said Monday it priced an underwritten offering of 51.7 million shares at $2.90 apiece, raising $150 million in gross proceeds.

The drugmaker said proceeds from the offering, expected to close Tuesday, will support development of its lead candidate rese-cel and broader clinical pipeline.

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