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Braveheart Bio closes upsized Initial Public Offering raising $439.9 million with full exercise of underwriters' option for additional shares. The shares began trading on Nasdaq under the ticker 'BRVE'.

PUBLIC · BRVEAug 07, 2026about 3 hours ago

Amount Raised

$440 Million

Round Type

Post-IPO Equity

San FranciscoBiotechnologyHealth Care

Investors

CantorStifelTd CowenJefferiesGoldman Sachs & Co. Llc

Description

Braveheart Bio, Inc. announced the closing of its upsized initial public offering of 24,437,500 shares at $18.00 per share, totaling gross proceeds of $439.9 million. The offering included the full exercise of the underwriters' option to purchase additional shares. Joint book-running managers for the offering included Goldman Sachs & Co

Company Information

Company

Braveheart Bio

Location

San Francisco, California, United States

About

Braveheart Bio is a late clinical-stage biotechnology company developing novel therapeutics for hypertrophic cardiomyopathy and related conditions. The company is backed by experienced life science investors including Andreessen Horowitz (a16z Bio + Health), Forbion, OrbiMed, Enavate Sciences (a platform of Patient Square Capital), and Frazier Life Sciences. Braveheart is advancing BHB-1893 through late-stage clinical development with the goal of establishing a new standard of care.

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