Denali Therapeutics Announces Proposed Offering of Common Stock and Pre-Funded Warrants
DenaliDenali(US:DNLI) Globenewswire·2025-12-10 05:01

SOUTH SAN FRANCISCO, Calif., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Denali Therapeutics Inc. (NASDAQ: DNLI) today announced that it intends to offer and sell 200millionofsharesofitscommonstockand,inlieuofcommonstocktocertaininvestors,prefundedwarrantstopurchasesharesofitscommonstockinanunderwrittenpublicoffering.Inaddition,DenaliTherapeuticsintendstogranttheunderwritersa30dayoptiontopurchaseuptoanadditional200 million of shares of its common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock in an underwritten public offering. In addition, Denali Therapeutics intends to grant the underwriters a 30-day option to purchase up to an additional 30 million of shares of common stock. All of the share ...