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Aug 4, 2026Financing

CAMP4 Therapeutics closes second tranche of private placement, raising $50.1 million

The Cambridge biotech will use the proceeds to advance CMP-002, its SYNGAP1-related disorder therapy, following Australian clearance to begin a Phase 1/2 trial.

CAMP4 Therapeutics Corporation announced on August 4, 2026 that it had closed the second tranche of a private placement first disclosed in September 2025. The company received about $50.1 million in gross proceeds by selling 10,756,498 shares priced at $1.53 each, plus 39,306 shares at $1.65 per share to certain directors, employees and consultants, and 21,925,368 pre-funded warrants priced at $1.5299 each in lieu of common stock.1

CAMP4 said it plans to use the proceeds to continue developing CMP-002, for which it had recently gained clearance from Australia's Therapeutic Goods Administration and a local Human Research Ethics Committee to start a Phase 1/2 trial in SYNGAP1-related disorder, along with funding its earlier-stage pipeline.1

Participants in the second closing included Coastlands Capital, Janus Henderson Investors, Balyasny Asset Management, Vivo Capital, 5AM Ventures, Adage Capital Management LP, Trails Edge Capital Partners and CURE SYNGAP1.1 Leerink Partners served as lead placement agent, with Piper Sandler & Co., Cantor Fitzgerald & Co. and Wedbush Securities Inc. acting as co-placement agents.1

According to the company's related 8-K filing, CAMP4 announced in July 2026 that it had received the Australian regulatory clearance, satisfying a milestone under the original purchase agreement, and also received a price threshold waiver, which triggered the second closing.1 On August 3, 2026, CAMP4 and certain investors amended the original agreement to adjust mechanics for the second closing, which occurred that same day.1

The pre-funded warrants carry an exercise price of $0.0001 per share, do not expire, can be exercised on a cashless basis, and are capped at a beneficial ownership limit not exceeding 19.99%.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.