NEW YORK and WALTHAM, Mass. — September 10, 2025 — Leads & Copy — Dianthus Therapeutics, Inc. (Nasdaq: DNTH) announced the pricing of its upsized underwritten public offering of 6,487,879 shares of its common stock at a public offering price per share of $33.00 and, in lieu of common stock to certain investors, pre-funded warrants to purchase up to 1,112,121 shares of its common stock at a public offering price of $32.999 per pre-funded warrant.
The pre-funded warrants have an exercise price of $0.001 per share and are exercisable immediately. The aggregate gross proceeds to Dianthus from the offering are expected to be approximately $251 million before deducting underwriting discounts and commissions and other offering expenses payable by Dianthus, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on September 11, 2025, subject to the satisfaction of customary closing conditions. Dianthus has granted the underwriters a 30-day option to purchase up to an additional 1,140,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. All of the securities are being offered by Dianthus.
Dianthus intends to use the net proceeds from this offering to advance the Company’s preclinical and clinical development activities, as well as for working capital and general corporate purposes.
Jefferies, TD Cowen, Evercore ISI and Stifel are acting as joint book-running managers for the offering. LifeSci Capital is also acting as lead manager for the offering.
Jennifer Davis Ruff, Dianthus Therapeutics, jdavisruff@dianthustx.com
Source: Dianthus Therapeutics
