Scribe Therapeutics Inc. (Ticker: SCTX US) is a US biotechnology company developing CRISPR-based therapies for cardiovascular and metabolic diseases. Its pipeline uses proprietary CRISPR-CasX technologies, including the ELXR epigenetic-silencing platform and the X-Editor gene-editing platform. Lead candidate STX-1150 is in a Phase 1 trial and is designed to reduce LDL cholesterol by repressing PCSK9 without permanently altering DNA.
Scribe Therapeutics began trading on the Nasdaq Global Market on July 24, 2026. The company priced an upsized offering of 8.58 million primary shares at $15.00 each, the top of the marketed range, raising approximately $129 million. Its market capitalization at the offer price was approximately $243 million. The underwriters also received an option to purchase approximately 1.29 million additional shares.
The company raised a further $7.5 million through a concurrent private placement. Leerink Partners, Goldman Sachs, Guggenheim Securities and Wells Fargo Securities managed the IPO.