Business

Viridian Therapeutics Announces Pricing of Upsized Concurrent Public Offerings of 1.75% Convertible Senior Notes Due 2032 and Common Stock with Aggregate Gross Proceeds of $350.0 Million

WALTHAM, Mass., May 07, 2026--Viridian Therapeutics, Inc. (Nasdaq: VRDN), a biotechnology company focused on discovering, developing and commercializing potential best-in-class medicines for autoimmune and rare diseases, today announced the pricing of its upsized underwritten public offering of $225.0 million aggregate principal amount of its 1.75% convertible senior notes due 2032 (the "Convertible Notes" and such offering, the "Convertible Notes Offering") and its upsized underwritten public o

articleViridian Therapeutics, Inc.May 6, 20269/company/viridian-therapeutics-inc/news/viridian-therapeutics-announces-pricing-of-upsized-concurrent-public-offerings-of-175percent-convertible-senior-notes-due-2032-and-common-stock-with-aggregate-gross-proceeds-of-dollar3500-million
Viridian Therapeutics Announces Pricing of Upsized Concurrent Public Offerings of 1.75% Convertible Senior Notes Due 2032 and Common Stock with Aggregate Gross Proceeds of $350.0 Million

About this update from Viridian Therapeutics, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2400,"height":600,"url":"https://media.zenfs.com/en/business-wire.com/46ca4556460647439c2ddf3bcc2d17f1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.Fp27tiI9MhkihrP6Iir_w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI0MA--/https://media.zenfs.com/en/business-wire.com/46ca4556460647439c2ddf3bcc2d17f1","width":960,"height":240},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/RM.2ejnwTvDRo9pyM7LjfA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD02MDA-/https://media.zenfs.com/en/business-wire.com/46ca4556460647439c2ddf3bcc2d17f1","width":1200,"height":300}},"lazy":false},{"type":"text","content":"WALTHAM, Mass., May 07, 2026--(BUSINESS WIRE)--Viridian Therapeutics, Inc. (Nasdaq: VRDN), a biotechnology company focused on discovering, developing and commercializing potential best-in-class medicines for autoimmune and rare diseases, today announced the pricing of its upsized underwritten public offering of $225.0 million aggregate principal amount of its 1.75% convertible senior notes due 2032 (the "Convertible Notes" and such offering, the "Convertible Notes Offering") and its upsized underwritten public offering of 7,352,942 shares of its common stock at a public offering price of $17.00 per share (such offering, the "Equity Offering").","length":681,"tagName":"p"},{"type":"text","content":"Viridian estimates that the aggregate net proceeds from the Convertible Notes Offering and the Equity Offering will be approximately $334.7 million, after deducting underwriting discounts and commissions and Viridian’s estimated offering expenses. In addition, Viridian has granted the underwriters of the Convertible Notes Offering a 30-day option to purchase up to an additional $25.0 million aggregate principal amount of Convertible Notes offered in the Convertible Notes Offering, solely to cover over-allotments and on the same terms and conditions. Viridian also granted the underwriters of the Equity Offering a 30-day option to purchase up to an additional 1,102,941 shares of its common stock, on the same terms and conditions.","length":737,"tagName":"p"},{"type":"text","content":"The Convertible Notes Offering and the Equity Offering are expected to close on May 11, 2026, subject in each case t...

More updates from Viridian Therapeutics, Inc.

Convertible NotesEquity Offeringcommon stockprincipal amountViridian Therapeutics, Inc.maturity datethe Equity Offering