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Viking Therapeutics closes upsized offerings of common stock and convertible senior notes. The fundraising includes the full exercise of underwriters' options to purchase additional shares.
PUBLIC · VKTXSep 28, 2026
Round Type
Convertible Note
San DiegoBiotechnology
Description
Viking Therapeutics has successfully closed concurrent offerings of common stock and convertible senior notes. The company reports that the offerings were upsized and included the full exercise of underwriters' options to purchase additional shares. This fundraising effort supports the company's ongoing initiatives and growth strategies. Details surrounding the amounts raised in these offerings have not been disclosed in the headline.
Company Information
Company
Viking Therapeutics
Location
9920 Pacific Heights Blvd,, Suite 350
San Diego, California, United States
About
Viking Therapeutics, Inc. (Nasdaq:VKTX) is a clinical-stage biopharmaceutical company focused on the development of novel 1st-in-class or best-in-class therapies for the treatment of metabolic and endocrine disorders, with two programs currently in clinical trials.
Viking's clinical programs include VK2735, a novel dual agonist of the GLP-1 and GIP receptors for the potential treatment of various metabolic disorders. Data from a Phase 1 and a Phase 2 trial evaluating VK2735 (dosed subcutaneously) for metabolic disorders demonstrated an encouraging safety and tolerability profile as well as positive signs of clinical benefit. Concurrently, the company is evaluating an oral formulation of VK2735 in a Phase 2 trial.
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