09:28 AM EDT, 08/13/2026 (MT Newswires) -- Curis ( CRIS ) said Thursday it has priced a public offering expected to raise approximately $5.6 million in gross proceeds.
The offering includes 3,733,334 common shares, or pre-funded warrants in lieu of shares, and accompanying warrants to purchase up to 3,733,334 shares at a combined price of $1.50 per share and warrant.
The common warrants will have an exercise price of $1.75 per share, will be exercisable immediately and will expire five years from the issuance date.
Pre-funded warrants, if issued, will have an exercise price of $0.01 per share and will be exercisable immediately until exercised in full.
Curis ( CRIS ) said it intends to use the net proceeds to fund research and development activities, as well as for working capital and general corporate purposes.
The offering is expected to close on or about Friday, Aug. 14, 2026, subject to customary closing conditions.
Shares of Curis ( CRIS ) were down 7.3% pre-bell.