# MANNKIND CORP (MNKD) — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_c4e5090c28382b389760 · retrieved 2026-08-11T15:54:49.022Z

## Overview
MannKind Corporation is a biopharmaceutical company dedicated to transforming chronic disease care through innovative, patient-centric solutions for cardiometabolic and orphan lung diseases.

MannKind Corporation entered into a Securities Purchase Agreement on July 23, 2026, with institutional accredited investors to raise approximately $50.0 million in gross proceeds. The company sold 10,440,838 shares of common stock at $3.89 per share and 2,412,632 pre-funded warrants at $3.88 per warrant (exercisable at $0.01 per share). The transaction closed on July 24, 2026. The company intends to use net proceeds for general corporate purposes, including funding a $45.0 million contingent value rights payment triggered by FDA approval of Furoscix ReadyFlow.

## Terms
- Deal value: $50.0M · Consideration: mixed · Price/share: $3.89

## Key dates
- Announced 2026-07-24

## Timeline
- 2026-07-24 · 8-K (0001193125-26-316041): 8-K - MANNKIND CORP — *MannKind Corporation is a biopharmaceutical company dedicated to transforming chronic disease care through innovative, patient-centric solutions for cardiometabolic and orphan lung diseases.* MannKind Corporation entered into a Securities Purchase Agreement on July 23, 2026, with institutional accredited investors to raise approximately $50.0 million in gross proceeds. The company sold 10,440,838 shares of common stock at $3.89 per share and 2,412,632 pre-funded warrants at $3.88 per warrant (exercisable at $0.01 per share). The transaction closed on July 24, 2026. The company intends to use net proceeds for general corporate purposes, including funding a $45.0 million contingent value rights payment triggered by FDA approval of Furoscix ReadyFlow.
  https://www.sec.gov/Archives/edgar/data/899460/0001193125-26-316041.txt

## Citations
- 0001193125-26-316041 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526316041