Institutional investors buy 12.7M Aclaris (ACRS) shares for $39.8M
Rhea-AI Filing Summary
Aclaris Therapeutics, Inc. reported that from March 2–9, 2026 it sold 12.7 million shares of its common stock through its amended and restated sales agreement with Leerink Partners LLC and Cantor Fitzgerald & Co.
These sales generated aggregate gross proceeds of $39.8 million and the shares were purchased by institutional investors, including Deep Track Capital. The disclosure is provided under Regulation FD and is expressly not deemed filed for liability purposes under Section 18 of the Exchange Act.
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Insights
Aclaris raised $39.8M via ATM stock sales to institutional buyers.
Aclaris Therapeutics sold 12.7 million common shares for aggregate gross proceeds of $39.8 million under its amended and restated sales agreement with Leerink Partners and Cantor Fitzgerald. This reflects active use of an at-the-market style program to access equity capital.
The shares were purchased by institutional investors, including Deep Track Capital, indicating participation from professional investors. The disclosure is furnished under Regulation FD, so it is designed to keep the market informed rather than change existing registration terms.
Actual effects for shareholders depend on how this additional equity interacts with Aclaris’s broader capital structure and future updates in periodic reports covering the period including March 9, 2026.