24/7 Market News Snapshot 24 September, 2025 – PepGen Inc. Common Stock (NASDAQ:PEPG)
DENVER, Colo., 24 September, 2025 (www.247marketnews.com) – (NASDAQ:PEPG) are discussed in this article.
PepGen Inc. has captured significant market attention, experiencing a remarkable surge in its stock price. The biotechnology company, which focuses on developing oligonucleotide therapies, saw its shares open at $1.95 before skyrocketing by 87.59% to a high of $3.658, reflecting a strong demand among investors. With a trading volume reaching approximately 8.36 million shares, investor enthusiasm suggests a revitalized confidence in the company and its potential growth, making PepGen a notable presence in the market.
In tandem with this bullish momentum, PepGen has announced an underwritten public offering of its common stock, which also includes pre-funded warrants for select investors. This strategic move is designed to finance ongoing research and development initiatives, particularly the critical FREEDOM-DM1 and FREEDOM2-DM1 clinical trials. Additionally, the net proceeds from the offering will be directed towards general working capital, reinforcing PepGen’s commitment to advancing therapies for serious neuromuscular and neurological disorders via its Enhanced Delivery Oligonucleotide (EDO) platform.
The securities will be issued under a recently effective registration statement on Form S-3. The preliminary prospectus supplement and accompanying prospectus will be accessible to interested parties through the Securities and Exchange Commission’s website, with distribution managed by the appointed joint book-running managers.
PepGen’s approach emphasizes innovative solutions developed from more than a decade of research, focusing on enhancing the targeted efficacy of oligonucleotide therapeutics through the use of cell-penetrating peptides. As the company progresses with its public offering, potential investors are advised to consider both the promising advances PepGen represents and the associated risks, all while anticipating further developments in their transformative journey within the biotechnology sector.
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