Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.3
Subsequent Events
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On October 7, 2025, the Company entered into an underwriting agreement (“Underwriting Agreement”) with Morgan Stanley & Co. LLC (“Morgan Stanley”), relating to the underwritten public offering by the Company of 30,500,000 shares (“Shares”) of the Company’s common stock, par value $0.0001 per share, at a price to the public of $16.85 per share (“Offering”). Under the terms of the Underwriting Agreement, the Company also granted Morgan Stanley a 30-day option to purchase up to 4,575,000 additional shares of Common Stock (“Option Shares”). The Shares and all Option Shares were delivered against payment therefor on October 9, 2025. Net proceeds from the Offering were approximately $575.7 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.