Zymeworks Inc. Amends Pre-Funded Warrants and Purchasers Net Exercise Warrants for 5.1 Million Shares

Reuters
28 Jun
Zymeworks Inc. Amends Pre-Funded Warrants and Purchasers Net Exercise Warrants for 5.1 Million Shares

On June 26, 2025, Zymeworks Inc. entered into an amendment with EcoR1 Capital Fund, L.P. and EcoR1 Capital Fund Qualified, L.P. regarding their Pre-Funded Warrants, allowing them to exercise these warrants without the previous ownership limitations. The Purchasers, who initially acquired 5,086,521 Pre-Funded Warrants on December 28, 2023, for approximately $50 million at a per share price of $9.8299, have now exercised these warrants in full.

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