Gyre Therapeutics (GYRE) Offering 2.2M Shares at $9 Per
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Gyre Therapeutics Announces Pricing of $20.0 Million Public Offering of Common Stock
May 22, 2025 8:57 PM EDTSAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) -- Gyre Therapeutics (Gyre) (Nasdaq: GYRE), an innovative, commercial-stage biotechnology company focused on organ fibrosis, today announced the pricing of its previously announced underwritten public offering of 2,222,222 shares of its common stock at a public offering price of $9.00 per share. In addition, Gyre has granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 333,333 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The gross proceeds of the offering to Gyre, before... More
