NewsMeter

Pyxis Oncology Raises $102.8 Million in New Share Offering

10/2/2026

closed a public offering that yielded approximately $102.8 million in net proceeds on October 1, 2026.

The company entered into an underwriting agreement on September 29, 2026, with Leerink Partners LLC, Guggenheim Securities, LLC and Wells Fargo Securities, LLC acting as representatives of the underwriters.

The offering consisted of 36,047,919 shares of Pyxis common stock and pre-funded warrants to purchase an additional 1,883,121 shares.

Each share or pre-funded warrant was sold alongside a common warrant to purchase 1.3 shares of common stock.

Keep reading

Read the full story

Open on NewsMeter