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Soleno Therapeutics Announces Proposed $200 Million Public Offering of Common Stock
Soleno TherapeuticsSoleno Therapeutics(US:SLNO) GlobeNewswire·2025-07-10 18:01

REDWOOD CITY, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- Soleno Therapeutics, Inc. (Soleno) (Nasdaq:SLNO), a biopharmaceutical company developing novel therapeutics for the treatment of rare diseases, announced today that it intends to offer and sell 200millionofsharesofitscommonstockinanunderwrittenpublicoffering.Inaddition,Solenointendstogranttheunderwritersa30dayoptiontopurchaseuptoanadditional200 million of shares of its common stock in an underwritten public offering. In addition, Soleno intends to grant the underwriters a 30-day option to purchase up to an additional 30 million of shares of common stock. The proposed public offering is subject to ...