Cue Biopharma announces USD 50 million private placement of unregistered shares and pre-funded warrants

Cue Biopharma, Inc.

Cue Biopharma, Inc.

CUE

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  • Cue Biopharma priced a USD 50 million private placement of unregistered equity to accredited investors, expected to close around July 13, 2026.
  • Deal includes 1,418,071 common shares at USD 33.21 each, with 87,500 pre-funded warrants offered to certain investors at USD 33.209.
  • Pre-funded warrants carry a USD 0.001 exercise price, are immediately exercisable, with no expiration until fully exercised.
  • Cormorant Asset Management led the financing; Columbia Threadneedle Investments participated.
  • Proceeds earmarked for clinical development funding, with remaining funds for general corporate purposes.


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