03:40 AM EDT, 06/18/2025 (MT Newswires) -- Biomea Fusion ( BMEA ) said late Tuesday it priced an underwritten public offering of about 19.5 million shares and accompanying warrants at a combined offering price of $2.

In lieu of common stock, certain investors will receive pre-funded warrants to purchase up to 550,000 shares, the company said.

Biomea will give underwriters a 30-day option to buy up to an additional 3 million shares and warrants.

The company expects to raise about $40 million in gross proceeds from the offering, which is anticipated to close on Friday.