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Director Satter Muneer A. recently purchased shares of Annexon, Inc. NASDAQ:ANNX, totaling $3.6 million. The purchases, executed on November 20 and 21, 2025, involved the acquisition of 400,000 and 422,613 shares respectively.
The price range for the shares purchased was between $4.28 and $4.48. Specifically, on November 20, Satter acquired 400,000 shares in multiple trades with prices ranging from $4.25 to $5.065. On November 21, an additional 422,613 shares were purchased, with prices ranging from $4.165 to $4.415.
Following these transactions, Satter Muneer A. now indirectly owns 9,728,637 shares of Annexon, Inc.
In other recent news, Annexon, Inc. has successfully closed its underwritten public offering, raising approximately $86.25 million before expenses. The offering included the sale of 29,423,075 shares of common stock at $2.60 per share, which incorporated the full exercise of the underwriters’ option to purchase an additional 4,326,922 shares. Additionally, pre-funded warrants to purchase 3,750,000 shares were sold at $2.599 per share to certain investors. Earlier announcements indicated that the company had initially aimed to raise $75 million through the offering. Goldman Sachs & Co. LLC, TD Cowen, and Wells Fargo Securities acted as joint book-running managers for the offering. This public offering is part of Annexon’s strategy to secure capital for its ongoing projects. The decision to offer additional shares and warrants was made to meet investor demand. These developments mark a significant step for Annexon in its financial planning.
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