Vogenx Announces Pricing of Initial Public Offering
Rhea-AI Summary
Vogenx (NASDAQ: VOGX), a clinical-stage biopharmaceutical company focused on metabolic diseases such as post-bariatric hypoglycemia (PBH) and gastroparesis, priced its initial public offering of 6,250,000 common shares at $13.00 per share, at the high end of the range, for expected gross proceeds of approximately $81.3 million before fees and expenses.
The common stock is expected to begin trading on the Nasdaq Capital Market on August 12, 2026, under ticker “VOGX”, with closing expected August 13, 2026, subject to customary conditions. Underwriters have a 45-day option to buy up to 937,500 additional shares at the offering price, less discounts and commissions.
Positive
- IPO pricing at $13.00 per share for 6,250,000 shares
- Expected gross IPO proceeds of approximately $81.3 million before expenses
- 45-day underwriter option for up to 937,500 additional shares
Negative
- None.
News Explained
Because all offered shares are being sold by Vogenx, the priced IPO is expected to provide the company with
AI-generated analysis. How Rhea-AI works. Not financial advice.
RALEIGH, NC / ACCESS Newswire / August 11, 2026 / Vogenx, Inc. (NASDAQ:VOGX) ("Vogenx"), a clinical-stage biopharmaceutical company focused on the discovery and development of novel therapeutics for the treatment of serious diseases associated with dysfunctions in human metabolism, including post-bariatric hypoglycemia (PBH) and gastroparesis, today announced the pricing of its initial public offering of 6,250,000 shares of its common stock at the high end of the range at a public offering price of
Vogenx's common stock is expected to begin trading on the Nasdaq Capital Market on August 12, 2026 under the ticker symbol "VOGX." The offering is expected to close on August 13, 2026, subject to the satisfaction of customary closing conditions. In addition, Vogenx has granted the underwriters a 45-day option to purchase up to an additional 937,500 shares of common stock at the public offering price, less underwriting discounts and commissions.
Jones is acting as sole book-running manager for the offering.
A registration statement on Form S-1 (File No. 333-297487), as amended, relating to the offering has been filed with the U.S. Securities and Exchange Commission (the "SEC") and was declared effective on August 11, 2026. The offering is being made only by means of a prospectus forming part of the registration statement relating to these securities. When available, copies of the final prospectus relating to the offering may be obtained through the SEC's website at www.sec.gov, or from: JonesTrading Institutional Services LLC, Attention: Capital Markets, 325 Hudson Street, 6th Floor, New York, NY 10013, or by email at compliance@jonestrading.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About Vogenx
Vogenx is a clinical-stage biopharmaceutical company focused on the discovery and development of novel therapeutics for the treatment of serious diseases associated with dysfunctions in human metabolism, including PBH and gastroparesis. Vogenx's lead product candidate, mizagliflozin, is an orally administered, minimally absorbed small molecule drug candidate in development for the treatment of PBH, gastroparesis, and GIP-dependent Cushing's Syndrome. Vogenx licensed worldwide rights to mizagliflozin, excluding Japan, Korea and Taiwan, from Kissei Pharmaceutical in 2021.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements." These statements include, but are not limited to, statements relating to the anticipated size of the initial public offering and the expected trading commencement and closing dates. The words, without limitation, "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these or similar identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties related to market conditions, the satisfaction of customary closing conditions related to the initial public offering, the completion of the initial public offering on the anticipated terms, or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus that forms a part of the effective registration statement filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release are based on the current expectations of Vogenx's management team and speak only as of the date hereof, and Vogenx specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact
Harrison Seidner, PhD
WaterSeid Partners, Inc.
(516) 236-5988
harrison@waterseid.com
SOURCE: Vogenx, Inc.
View the original press release on ACCESS Newswire