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[8-K] Apogee Therapeutics, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Apogee Therapeutics, Inc. entered an underwriting agreement to issue and sell 5,000,000 shares of common stock at $70.00 per share. Underwriters were granted a 30-day option to buy up to 750,000 additional shares, which was exercised in full on March 25, 2026.

Net proceeds from the offering, including the exercised option, are expected to be approximately $377.4 million after underwriting discounts, commissions and estimated expenses. The transaction is being conducted under an existing shelf registration statement, with a final prospectus supplement filed on March 25, 2026, and is expected to close on March 26, 2026.

Positive

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Negative

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Insights

Apogee executes a sizable primary equity raise under its shelf.

Apogee Therapeutics is selling 5,000,000 common shares at $70.00 each, with underwriters exercising an option for 750,000 additional shares. This is a primary offering, so the company—not existing shareholders—receives the cash.

Net proceeds are expected to be about $377.4 million after fees and expenses. The deal is conducted off an effective shelf registration and documented in an underwriting agreement that includes standard indemnification provisions. Actual effects for shareholders will depend on how this new capital is deployed and the degree of dilution relative to current share count.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 24, 2026

 

 

Apogee Therapeutics, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware 001-41740 93-4958665
(State of Incorporation or
Organization)
(Commission File Number) (I.R.S. Employer Identification
No.)

 

221 Crescent Street, Building 17, Suite 102b,

Waltham, MA, 02453

(Address of Principal Executive Offices, including Zip Code)

 

(650) 394-5230

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbol(s)
  Name of each exchange
on which registered
 
Common Stock, par value $0.00001 per share   APGE   The Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 1.01Entry into a Material Definitive Agreement.

 

On March 24, 2026, Apogee Therapeutics, Inc. (the “Company”) entered into an underwriting agreement (“Underwriting Agreement”) with Jefferies LLC, TD Securities (USA) LLC, Stifel, Nicolaus & Company, Incorporated and Guggenheim Securities, LLC, as the representatives of the Underwriters named therein (the “Underwriters”), to issue and sell 5,000,000 shares of the Company’s common stock at a public offering price of $70.00 per share (the “Offering”). In addition, the Company has granted the Underwriters an option (the “Option”) for a period of 30 days to purchase up to an additional 750,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions, which the underwriters exercised in full on March 25, 2026.

 

The net proceeds from the Offering, including proceeds from the exercise in full of the Option by the Underwriters, are expected to be approximately $377.4 million, after deducting the Underwriters’ discounts and commissions and estimated offering expenses.

 

The securities described above were offered pursuant to a shelf registration statement (File No. 333-281503), which became effective on August 12, 2024. A final prospectus supplement dated March 24, 2026 relating to and describing the terms of the Offering was filed with the U.S. Securities and Exchange Commission on March 25, 2026. The Offering is expected to close on March 26, 2026.

 

In the Underwriting Agreement, the Company agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended, or to contribute payments that the underwriters may be required to make because of such liabilities.

 

A copy of the Underwriting Agreement is filed as Exhibit 1.1 and is incorporated herein by reference. The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to such exhibit.

 

A copy of the opinion of Gibson, Dunn & Crutcher LLP relating to the validity of the issuance and sale of the shares of the common stock in the Offering is filed herewith as Exhibit 5.1.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits.

 

EXHIBIT INDEX

 

Exhibit
No.
  Description
     
1.1   Underwriting Agreement, dated as of March 24, 2026, by and among Apogee Therapeutics, Inc., Jefferies LLC, TD Securities (USA) LLC, Stifel, Nicolaus & Company, Incorporated and Guggenheim Securities, LLC.
     
5.1   Opinion of Gibson, Dunn & Crutcher LLP.
     
23.1   Consent of Gibson, Dunn & Crutcher LLP (included in Exhibit 5.1)
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Apogee Therapeutics, Inc.
     
Date: March 25, 2026 By: /s/ Michael Henderson, M.D.
    Michael Henderson, M.D.
    Chief Executive Officer

 

 

Filing Exhibits & Attachments

5 documents