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Beta Bionics Secures $150 Million in Public Offering

PUBLIC · BBNXSep 15, 20263 days ago

Amount Raised

$150 Million

Round Type

Post-IPO Equity

ConcordBiotechnologyHealthcare

Investors

Leerink Partners LlcWells Fargo Securities, LlcPiper Sandler & Co.J.P. Morgan Securities Llc

Description

On September 15, 2026, Beta Bionics, Inc. entered into an underwriting agreement for a public offering of common stock. The company expects to raise approximately $150 million from the sale of 7,652,175 shares at a price of $17.25 each. Additionally, warrants to purchase shares are included for certain investors

Company Information

Company

Beta Bionics

Location

300 Baker Avenue, Suite 301

Concord, Massachusetts, United States

About

Beta Bionics is a commercial stage medical technology company engaged in the design, development, and commercialization of innovative solutions to improve the health and quality of life of insulin-requiring people with diabetes (PWDs) by utilizing advanced adaptive algorithms to simplify and improve the treatment of their disease. The iLet Bionic Pancreas is the first FDA-cleared autonomous insulin delivery device in the market and offers the potential to substantially improve overall outcomes across broad populations of PWDs.

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