COAG Hemab Therapeutics, Inc.

NEUTRAL Impact: 5/10 PRESS-RELEASE
Horizon immediate Filed Apr 30, 2026 Processed 1mo ago Wire GlobeNewswire
Press release: offering
Latest settled — T+20d ⚠ clustered
COAG ▼ -20.21% at T+20d
NEUTRAL call ✗ call lost -20.21% · α vs SPY -25.47% · entry $34.00 → $27.13
Next anchor: T+60d in 7w
Last close $25.55 (close Jun 8) · -24.85% from $34.00 entry
Entry anchored
Apr 30, 2026
via day open
T+1d
-25.47%
call -25.47% · α -25.13%
$25.34
settled 6w ago
T+5d
-26.12%
call -26.12% · α -28.46%
$25.12
settled 5w ago
T+20d
-20.21%
call -20.21% · α -25.47%
$27.13
settled 12d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Hemab Therapeutics priced its IPO at $18.00 per share, offering 16.75M shares for gross proceeds of ~$301.5M, with an underwriter option for an additional 2.5125M shares. The stock begins trading on Nasdaq May 1, 2026 under ticker COAG. This is a dilutive event for existing holders but provides capital to advance its clinical pipeline in blood coagulation disorders.

Key Financial Metrics

Deal Value
$301.5M

Actionable Insight

Monitor first-day trading volume and price action for signs of demand. The $301.5M raise provides a multi-year cash runway for pipeline development, but as a clinical-stage company with no approved products, near-term catalysts depend on clinical trial data readouts for sutacimig and HMB-002.

Key Facts

  • IPO priced at $18.00 per share for 16,750,000 shares
  • Gross proceeds of approximately $301.5 million before expenses
  • Underwriters have a 30-day option to purchase up to 2,512,500 additional shares
  • Trading begins on Nasdaq Global Select Market on May 1, 2026 under ticker COAG
  • Goldman Sachs, Jefferies, and Evercore ISI are joint book-running managers
  • Offering expected to close on or about May 4, 2026
  • Company is a clinical-stage biotech focused on blood coagulation disorders

Financial Impact

Gross proceeds of ~$301.5M from IPO, representing significant capital infusion for a clinical-stage biotech

dilutioncash

Risk Factors

  • Dilution for existing shareholders from the 16.75M share offering
  • Clinical-stage company with no approved products or revenue
  • Potential for underwriters to exercise overallotment option, adding further dilution
  • Market conditions may affect post-IPO trading performance

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3285621
11 reports for COAG
Performance horizon
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Reports for COAG — sortable, filterable
Type Now
May 21, 2026
19d ago
Press Release
NEUTRAL ★ 5/10
$26.30 $28.50▲ +8.37%▲ +6.52%$25.55 (−2.85%)
May 4, 2026
5w ago
8-K
NEUTRAL ★ 4/10
$25.00 $25.90▲ +3.60%▲ +1.62%$25.55 (+2.20%)
Apr 30, 2026
5w ago
Press Release
NEUTRAL ★ 5/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 3/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 3/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 2/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 2/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 2/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 2/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Apr 30, 2026
5w ago
3
NEUTRAL ★ 2/10
$34.00 $25.12▼ −26.12%▼ −28.46%$25.55 (−24.85%)
Showing 10 of 11

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