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Humacyte, Inc. Announces Pricing of Public Offering of Common Stock

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Humacyte (Nasdaq:HUMA) priced an underwritten public offering of 47,619,048 shares of common stock at $1.05 per share, targeting approximately $50 million in gross proceeds. Closing is expected around June 12, 2026, with a 30-day option for underwriters to buy up to 7,142,857 additional shares.

All shares are offered by Humacyte. Net proceeds are earmarked to commercialize Symvess, support a planned BLA supplement for a hemodialysis indication, advance pipeline candidates, and for working capital and general corporate purposes. Barclays, BTIG and Titan Partners act as joint book-running managers.

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Positive

  • Planned gross proceeds of $50 million before fees and expenses
  • Flexibility to sell up to 7,142,857 additional shares via underwriters’ option
  • Net proceeds allocated to Symvess commercialization and hemodialysis BLA supplement
  • Funding also directed to pipeline development and general corporate purposes

Negative

  • Issuance of 47,619,048 new shares, with potential for 7,142,857 more, dilutes existing shareholders
  • Offering priced at a fixed $1.05 per share, limiting immediate capital raised per share

News Market Reaction – HUMA

-19.40%
16 alerts
-19.40% Session close to close
+11.3% Peak Tracked
-24.8% Trough Tracked
$328.57M Market Cap
0.9x Rel. Volume

In the Jun 11 session, HUMA declined 19.40%, reflecting a significant negative market reaction. Argus tracked a peak move of +11.3% during that session. Argus tracked a trough of -24.8% from its starting point during tracking. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -19.4% in the session following this news. A negative reaction despite the routine...
Analysis

The stock dropped -19.4% in the session following this news. A negative reaction despite the routine nature of follow-on financings fits Humacyte’s history around offerings. Past capital raises produced an average one-day move of roughly -24.66%, and all five recent events showed declines. This pattern underscores how dilution concerns and financing overhang have previously outweighed the strategic use of proceeds for Symvess commercialization, regulatory filings, and pipeline development.

Key Figures

Shares offered: 47,619,048 shares Offering price: $1.05 per share Gross proceeds: $50 million +5 more
8 metrics
Shares offered 47,619,048 shares Underwritten public offering size
Offering price $1.05 per share Public offering price of common stock
Gross proceeds $50 million Expected aggregate gross proceeds before expenses
Underwriters’ option shares 7,142,857 shares Additional shares under 30-day option
Option period 30 days Duration of underwriters’ option to purchase extra shares
Form S-3 number No. 333-290231 Shelf registration statement referenced for the offering
Shelf filing date September 12, 2025 Date Form S-3 filed with SEC
Shelf effective date September 22, 2025 Date Form S-3 declared effective by SEC

Previous Offering Reports

5 past events · Latest: Mar 19 (Negative)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 19 Registered direct offering Negative -19.4% Registered direct sale of 25,000,000 shares for gross proceeds of $20M.
Oct 07 Oversubscribed offering Negative -33.7% Oversubscribed registered direct with $60M gross and matching warrants.
Mar 25 Public stock offering Negative -30.4% Public sale of 25,000,000 shares at $2.00, raising $50M gross.
Mar 25 Proposed equity raise Negative -30.4% Announcement of proposed underwritten common stock offering via shelf.
Nov 14 Registered direct financing Negative -9.4% Registered direct for $15M in stock and warrants at $5.34 per share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Across the last 5 offering-related financings, HUMA’s stock saw consistent negative one-day moves (from -9.36% to -33.67%), with an average move of about -24.66% following capital raises.

Recent Company History

Historically, Humacyte’s equity and registered direct offerings have been followed by notable one-day share price declines, ranging from -9.36% to -33.67%. These financings, often used to support Symvess commercialization and pipeline development, have repeatedly coincided with negative reactions despite serving funding needs. Today’s public offering of common stock fits this pattern of raising equity capital after prior shelf-based and registered direct transactions.

Key Terms

underwritten public offering, prospectus supplement, Biologics License Application, shelf registration statement, +4 more
8 terms
underwritten public offering financial
"announced the pricing of an underwritten public offering of 47,619,048 shares"
An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.
prospectus supplement regulatory
"offered by means of a prospectus supplement and accompanying prospectus"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Biologics License Application regulatory
"planned filing of a Biologics License Application supplement in a hemodialysis"
A biologics license application is a formal request submitted to regulatory authorities seeking approval to market a new biological medicine, such as vaccines or treatments made from living organisms. It is a comprehensive review process that evaluates the safety, effectiveness, and manufacturing quality of the product. For investors, receiving approval signals that a biological therapy can be sold to the public, potentially leading to revenue growth and market success.
shelf registration statement regulatory
"A shelf registration statement on Form S-3 (No. 333-290231) was previously filed"
A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.
Form S-3 regulatory
"A shelf registration statement on Form S-3 (No. 333-290231) was previously filed"
Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.
registration statement regulatory
"that form a part of the registration statement"
A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.
book-running managers financial
"Barclays, BTIG and Titan Partners ... are acting as joint book-running managers"
Book-running managers are the main banks or financial firms that organize and oversee a company's sale of new stocks or bonds. They help set the price, decide how many to sell, and coordinate the process to make sure everything runs smoothly. Their role is important because they guide the company through the complex process of raising money from investors.
public offering price financial
"at a public offering price of $1.05 per share"
The public offering price is the amount of money a company charges investors to buy its shares during a new stock sale to the public. It determines how much the company raises and how much each share is worth at the start of trading. For investors, it helps gauge the initial value of the stock and whether it might be a good investment opportunity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DURHAM, N.C., June 10, 2026 (GLOBE NEWSWIRE) -- Humacyte, Inc. (Nasdaq: HUMA), a commercial-stage biotechnology platform company developing universally implantable, bioengineered human tissues at commercial scale, today announced the pricing of an underwritten public offering of 47,619,048 shares of its common stock at a public offering price of $1.05 per share. The aggregate gross proceeds from this offering are expected to be $50 million, before deducting underwriting discounts and commissions and other offering expenses payable by Humacyte. The closing of the offering is expected to occur on or about June 12, 2026, subject to the satisfaction of customary closing conditions. In addition, Humacyte has granted the underwriters an option for a period of 30 days to purchase up to an additional 7,142,857 shares of Humacyte’s common stock at the public offering price, less underwriting discounts and commissions. All of the shares of common stock are being sold by Humacyte.

Barclays, BTIG and Titan Partners, a division of American Capital Partners, are acting as joint book-running managers for the offering.

Humacyte intends to use the net proceeds that it will receive from the offering to fund the commercialization of Symvess®, the planned filing of a Biologics License Application supplement in a hemodialysis indication and related activities, the development of the product candidates in its pipeline and for working capital and general corporate purposes.

A shelf registration statement on Form S-3 (No. 333-290231) was previously filed with the Securities and Exchange Commission (the “SEC”) on September 12, 2025 and declared effective by the SEC on September 22, 2025. The securities are being offered by means of a prospectus supplement and accompanying prospectus relating to the offering that form a part of the registration statement. A preliminary prospectus supplement and the accompanying prospectus relating to and describing the terms of the offering was filed with the SEC on June 10, 2026 and is available on the SEC’s website at www.sec.gov. The final prospectus supplement relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Before investing in the offering, you should read each of the prospectus supplement and the accompanying prospectus relating to the offering in their entirety as well as the other documents that Humacyte has filed with the SEC that are incorporated by reference in the prospectus supplement and the accompanying prospectus relating to the offering, which provide more information about Humacyte and the offering. Copies of the final prospectus supplement, when available, and accompanying prospectus relating to the offering may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at (888) 603-5847, or by email at barclaysprospectus@broadridge.com; BTIG, LLC, 65 East 55th Street, New York, New York 10022, by telephone at (212) 593-7555 or by email at ProspectusDelivery@btig.com; or Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Humacyte

Humacyte, Inc. (Nasdaq: HUMA) is a commercial-stage biotechnology platform company developing universally implantable, bioengineered human tissues at commercial scale, and in the first quarter of 2025 commenced the United States commercial launch of Symvess, its first FDA-approved product. Humacyte is pioneering the development and manufacture of off-the-shelf, universally implantable, bioengineered human tissues, advanced tissue constructs and organ systems with the goal of improving the lives of patients and transforming the practice of medicine. Humacyte is leveraging its novel, scalable technology platform to develop proprietary, bioengineered, acellular human tissues for use in the treatment of diseases and conditions across a range of anatomic locations in multiple therapeutic areas.

For uses other than the U.S. Food and Drug Administration (“FDA”) approval in the extremity vascular trauma indication, the acellular tissue engineered vessel (“ATEV”) is an investigational product and has not been approved for sale by the FDA or any other regulatory agency.

Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although Humacyte believes that it has a reasonable basis for each forward-looking statement contained in this press release, Humacyte cautions you that these statements are based on a combination of facts and factors currently known by it and its projections of the future, about which Humacyte cannot be certain. Forward-looking statements in this press release include, but are not limited to, statements regarding the timing and satisfaction of customary closing conditions of the offering and the anticipated use of proceeds from the offering. Humacyte cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Humacyte may be adversely affected by other economic, business, and/or competitive factors, and other risks and uncertainties, including those described under the header “Risk Factors” in Humacyte’s Annual Report on Form 10-K for the year ended December 31, 2025 and in Humacyte’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, each filed by Humacyte with the SEC, and in future SEC filings. Most of these factors are outside of Humacyte’s control and are difficult to predict. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by Humacyte or any other person that Humacyte will achieve its objectives and plans in any specified time frame, or at all. Except as required by law, Humacyte has no current intention of updating any of the forward-looking statements in this press release. You should, therefore, not rely on these forward-looking statements as representing Humacyte’s views as of any date subsequent to the date of this press release.

Humacyte Investor Contact:
Joyce Allaire
LifeSci Advisors LLC
+1-617-435-6602
jallaire@lifesciadvisors.com
investors@humacyte.com

Humacyte Media Contact:
Rich Luchette
Precision Strategies
+1-202-845-3924
rich@precisionstrategies.com
media@humacyte.com


FAQ

What did Humacyte (HUMA) announce about its June 2026 stock offering?

Humacyte announced an underwritten public offering of 47,619,048 common shares at $1.05 per share. According to Humacyte, the deal targets approximately $50 million in gross proceeds before underwriting discounts, commissions, and other offering expenses, with all shares sold by the company.

How many Humacyte (HUMA) shares are included in the June 2026 public offering?

The base offering includes 47,619,048 Humacyte common shares. According to Humacyte, underwriters also hold a 30-day option to buy up to 7,142,857 additional shares at the same public price, less underwriting discounts and commissions, potentially increasing total shares issued and dilution.

What is the price per share for Humacyte’s June 2026 HUMA stock offering?

The public offering price is set at $1.05 per Humacyte common share. According to Humacyte, this pricing underpins expected gross proceeds of about $50 million from the 47,619,048 base shares, before deducting underwriting discounts, commissions, and other offering-related expenses.

When is the Humacyte (HUMA) June 2026 stock offering expected to close?

The offering is expected to close on or about June 12, 2026. According to Humacyte, closing remains subject to the satisfaction of customary conditions typically associated with underwritten public offerings, including completion of final documentation and regulatory and exchange-related requirements.

How will Humacyte use the proceeds from the June 2026 HUMA offering?

Humacyte plans to use net proceeds to fund Symvess commercialization and a planned hemodialysis BLA supplement. According to Humacyte, remaining funds will support development of pipeline product candidates and provide working capital and general corporate financing flexibility to advance its biotechnology platform.

Who are the underwriters for the Humacyte (HUMA) June 2026 stock offering?

Barclays, BTIG and Titan Partners, a division of American Capital Partners, are joint book-running managers. According to Humacyte, these underwriters are distributing the shares, with a 30-day option to purchase additional shares, under an effective shelf registration and related prospectus supplement.