08:44 AM EDT, 10/07/2025 (MT Newswires) -- Biomea Fusion ( BMEA ) said Tuesday it priced its $25 million underwritten public offering of about 11.2 million shares, pre-funded warrants to purchase up to 1 million shares, and accompanying warrants.

The combined offering price of each share and accompanying common stock warrant is $2.05, while the combined offering price of each pre-funded warrant and accompanying common stock warrant is $2.0499, the company said.

Biomea said it has granted the underwriters a 30-day option to purchase up to an additional 1.8 million shares of common stock and/or warrants.

The offering is expected to close on Oct. 8, the company said.

The company's shares were down more than 25% in premarket activity on Tuesday.

Price: 1.99, Change: -0.68, Percent Change: -25.47