Vor Bio climbs after announcing $75 mln private placement

ReutersMar 27, 2026 12:59 PM

Shares of biotech firm Vor Bio VOR.O up 5.4% at $14.31 after co announces $75 mln private placement

VOR to sell around 5.34 mln shares at $14.05 each in private placement led by new investor TCGX

Financing will help co with "two large, multi-billion-dollar opportunities where significant unmet need remains," CEO Jean-Paul Kress says

Co says funds will also go toward business development and general corporate purposes

As of last close, VOR stock up 3.7% YTD

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