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Immunovant Raises $550 Million Through Stock Offering

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Immunovant Raises $550 Million Through Stock Offering

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An announcement from Immunovant ( (IMVT) ) is now available.

On December 10, 2025, Immunovant, Inc. entered into an underwriting agreement with Leerink Partners LLC for the issuance and sale of 26.2 million shares of its common stock at $21.00 per share. The offering, which closed on December 12, 2025, raised approximately $550 million in gross proceeds, enhancing the company’s financial position and potentially impacting its market strategy.

The most recent analyst rating on (IMVT) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on Immunovant stock, see the IMVT Stock Forecast page.

Spark’s Take on IMVT Stock

According to Spark, TipRanks’ AI Analyst, IMVT is a Neutral.

Immunovant’s stock score is primarily impacted by substantial financial weaknesses, including ongoing losses and cash flow issues. Technical indicators are bearish, further weighing on the stock’s attractiveness. However, recent positive clinical trial results and leadership changes provide some optimism, potentially strengthening the company’s pipeline and long-term prospects.

To see Spark’s full report on IMVT stock, click here.

More about Immunovant

Immunovant, Inc. operates in the biopharmaceutical industry, focusing on developing treatments for autoimmune diseases.

Average Trading Volume: 1,736,624

Technical Sentiment Signal: Buy

Current Market Cap: $4.13B

Find detailed analytics on IMVT stock on TipRanks’ Stock Analysis page.

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