Werewolf Therapeutics announces USD 150 million oversubscribed private placement of shares, pre-funded warrants

• Werewolf Therapeutics disclosed an oversubscribed private placement raising USD 150 million alongside its planned all-stock merger with Ambros.
• Financing expected to close with the merger through issuance of common stock, pre-funded warrants.
• Proceeds slated to fund operations into 1H 2029, covering Phase 3 CRPS-RISE topline results expected in 2028.
• Funding also supports a planned NDA submission for neridronate in CRPS-1, a condition with no FDA-approved therapy.

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