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Tyra Biosciences Raises Funds through Underwriting Agreement

PUBLIC · TYRASep 14, 20263 days ago

Amount Raised

$200 Million

Round Type

Funding Round

CarlsbadBiotechnologyHealth CareTherapeutics

Investors

Barclays Capital Inc.Cantor Fitzgerald & Co.Guggenheim Securities, LlcJefferies Llc

Description

On September 14, 2026, Tyra Biosciences, Inc. entered into an underwriting agreement for the issuance and sale of common stock and pre-funded warrants. The company intends to raise a total of $200 million in this funding round. This agreement involves the sale of over 9 million shares at an offering price of $22.03 per share

Company Information

Company

Tyra Biosciences

Location

Carlsbad, California, United States

About

Tyra Biosciences, Inc. is a clinical-stage biotechnology company focused on developing next-generation precision medicines that target large opportunities in FGFR biology. The Company's in-house precision medicine platform, SNÅP, enables rapid and precise drug design through iterative molecular SNÅPshots that help predict genetic alterations most likely to cause acquired resistance to existing therapies. TYRA's initial focus is on applying its accelerated small molecule drug discovery engine to develop therapies in targeted oncology and genetically defined conditions.

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