Upstream Bio announces $150 million at-the-market equity distribution agreement with Leerink Partners

Reuters

Mar 27

Upstream Bio announces $150 million at-the-market equity distribution agreement with Leerink Partners

Upstream Bio entered into an at-the-market equity distribution agreement with Leerink Partners as sales agent for sales of common stock.
The program allows sales of up to USD 150.0 million of shares from time to time through or to the agent.
Leerink Partners is entitled to a commission of up to 3% of gross proceeds on shares sold under the agreement.
Sales may be made on Nasdaq or other existing trading markets for the common stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upstream Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-126572), on March 26, 2026, and is solely responsible for the information contained therein.

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