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Yarrow Bioscience Announces Closing of its $172.5 Million Underwritten Public Offering Including Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Key Takeaway: Yarrow Bioscience has successfully closed its underwritten public offering, raising $172.5 million by selling 6,634,615 shares at $26.00 each. This includes the full exercise of the underwriters' option for an additional 865,384 shares. The funds will support the company's focus on developing therapies for autoimmune thyroid diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • Successful closing of a significant public offering.
  • Raised $172.5 million to support development efforts.
  • Increased investor confidence indicated by full exercise of underwriters' option.

Full Press Release Details

NEW HAVEN, Conn.--(BUSINESS WIRE)--Yarrow Bioscience, Inc. (“Yarrow” or the “Company”) (Nasdaq: YARW), a clinical-stage biotechnology company focused on developing transformative therapies for autoimmune thyroid diseases, today announced the closing of its previously announced underwritten public offering of 6,634,615 shares of its common stock, including the full exercise of the underwriters’ option to purchase up to 865,384 additional shares, at a public offering price per share of $26.00. Th

Frequently Asked Questions

What was the total amount raised by Yarrow Bioscience?

Yarrow Bioscience raised a total of $172.5 million through its public offering.

How many shares were sold in the public offering?

A total of 6,634,615 shares were sold in the public offering.

What was the price per share in the offering?

The public offering price per share was set at $26.00.

What will the funds support for Yarrow Bioscience?

The funds will support the development of therapies for autoimmune thyroid diseases.

Last updated: Sep 14, 2026