Indication intelligence, analysis and sector perception

RMI Financing Note: Solid Biosciences (SLDB) $240 M Private Placement

March 8, 2026 4:10pm

14.9 M shares priced at $5.61 with a positive +$0.15 or +2.22% Monday pre-open

Oversubscribed, 3/6/26

The private placement was anchored by existing and new investors, including Perceptive Advisors, Bain Capital Life Sciences, RA Capital Management, Invus, Vestal Point Capital, Janus Henderson Investors, and Deep Track Capital, among others.

To reiterate, in the private placement, the Company is selling 14,973,257 shares of common stock at a price of $5.61 per share and, in lieu of common stock to investors who so choose, pre-funded warrants to purchase up to 27,807,482 shares of common stock at a price of $5.609 per pre-funded warrant.

Each pre-funded warrant will have an exercise price of $0.001 per share, will be exercisable immediately, and will be exercisable until exercised in full.

Leerink Partners and Citigroup are acting as joint lead placement agents for the financing. Cantor is acting as co-lead placement agent for the financing. Truist and H.C. Wainwright & Co. are acting as co-placement agents for the financing.

The Bottom Line: A well done ...

Timing warranted, on 2/15/26; SLDB says it has alignment with the FDA on SGT-003 with a registration pathway and intends to seek accelerated approval, running a double-blind, placebo-controlled DMD study outside the U.S. with "time to rise" as the primary endpoint and an ~18‑month assessment, with first pediatric dosing expected within roughly 90 days.

SLDB is a precision genetic medicine company focused on advancing a portfolio of gene therapy candidates targeting rare neuromuscular and cardiac diseases, including SGT-003 for Duchenne muscular dystrophy (Duchenne), SGT-212 for Friedreich’s ataxia (FA), SGT-501 for catecholaminergic polymorphic ventricular tachycardia (CPVT), SGT-601 for TNNT2-mediated dilated cardiomyopathy and additional fatal, genetic cardiac diseases.

SLDB is also focused on developing innovative libraries of genetic regulators and other enabling technologies with promising potential to significantly impact gene therapy delivery cross-industry.

35 companies, 1 interpreter!

Insight, foresight and recommendation

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