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Stock impact report

SpyGlass Pharma Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares

SpyGlass Pharma, Inc. (SGP) 
Company Research Source: GlobeNewswire
ALISO VIEJO, Calif., Feb. 09, 2026 (GLOBE NEWSWIRE) -- SpyGlass Pharma, Inc. (Nasdaq: SGP) (“SpyGlass Pharma”), a late-stage biopharmaceutical company, today announced the closing of its initial public offering of 10,781,250 shares of its common stock, which includes the exercise in full of the underwriters’ option to purchase 1,406,250 additional shares of its common stock, at a public offering price of $16.00 per share. The aggregate gross proceeds from the offering were $172.5 million, before deducting underwriting discounts and commissions and other offering expenses payable by SpyGlass Pharma. All shares of common stock were offered by SpyGlass Pharma. SpyGlass Pharma’s common stock began trading on the Nasdaq Global Select Market under the ticker symbol “SGP” on February 6, 2026. Jefferies, Leerink Partners, Citigroup and Stifel acted as joint book-running managers for the offering. A registration statement relating to the offering has been filed with the Securities and Exch Show less Read more
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