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Cabaletta Bio prices $150M stock offering to fund autoimmune cell therapy development

Company Fundamentals
04 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Cabaletta Bio, a clinical-stage biotech company focused on autoimmune disease therapies, announced a $150 million underwritten offering of 51.7 million common shares at $2.90 each. The funds will support the development and launch of their targeted cell therapies, including their lead investigational therapy, rese-cel. The offering includes participation from existing and new investors such as Bain Capital Life Sciences and Eli Lilly. The transaction is expected to close around May 5, 2026, pending customary conditions.

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Online course opens for navigating pharmaceutical regulations across Asia, Oct 20-22, 2026.

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Global workwear market to reach $344.71B by 2031, driven by corporate hiring and Asia-Pacific growth.

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Microalgae-based aquafeed market to grow 8.5% CAGR, driven by cost cuts and demand for antibiotic-free seafood.

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Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

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Xcel Brands partners with KBL Group to produce OFF/DUTY by Coco Rocha fashion line.

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Bullish
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