Lexicon Pharmaceuticals Raises $41.6M through Share Offering

Friday, Jan 30, 2026 3:36 am ET1min read
LXRX--

Lexicon Pharmaceuticals has priced a public offering of 32M shares of common stock at $1.30 per share, raising $41.6M. The company has also granted underwriters a 30-day option to purchase an additional 4.8M shares. The offering is expected to close on December 7.

Lexicon Pharmaceuticals Raises $41.6M through Share Offering

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