Nov. 11 at 9:21 PM
$AMLX
AMLX now has a massive
$344 million war chest that they say will go through 2028
AMLX did a public offering last September and raised
$191 million ..adding 20,125,000 (20 million) shares to the outstanding share count at
$10/share. Which is still very low.
“In September 2025, Amylyx Pharmaceuticals (AMLX) conducted a public offering that resulted in net proceeds of approximately
$191 million. The initial announcement priced the offering at
$175 million, issuing 17,500,000 additional shares of common stock at a public offering price of
$10.00 per share.
The company also granted the underwriters a 30-day option to purchase up to an additional 2,625,000 shares. The final net proceeds of
$191 million suggest this option was likely exercised, resulting in a total of 20,125,000 shares added to the outstanding share account (17,500,000 initial shares plus 2,625,000 option shares).
These shares were issued from the company's authorized but previously unissued shares. “