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Eledon Pharmaceuticals Announces Pricing of $50 Million Underwritten Public Offering of Common Stock and Pre-Funded Warrants

IRVINE, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Eledon Pharmaceuticals, Inc. (“Eledon”) (NASDAQ: ELDN), today announced the pricing of its underwritten public offering of (i) 15,152,485 shares of its common stock at a public offering price of 1.65pershareand(ii)inlieuofcommonstocktocertaininvestors,prefundedwarrantstopurchaseuptoanaggregateof15,151,515sharesofcommonstockatapublicofferingpriceof1.65 per share and (ii) in lieu of common stock to certain investors, pre-funded warrants to purchase up to an aggregate of 15,151,515 shares of common stock at a public offering price of 1.649 per pre-funded warrant. The pre-funded warrants will be immediately exe ...