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26 Feb 2026

Recursion Pharmaceuticals $300 Million At-the-Market Offering

"Davis Polk advised the sales agent in connection with Recursion Pharmaceuticals' SEC-registered at-the-market offering of Class A common stock for up to $300 million. The stock is listed on the Nasdaq Global Select Market under the symbol RXRX. Recursion is a clinical-stage biotechnology company headquartered in Salt Lake City, Utah."

Davis Polk advised the sales agent in connection with an SEC-registered at-the-market offering by Recursion Pharmaceuticals, Inc. The offering consisted of Recursion Pharmaceuticals' Class A common stock, offered pursuant to an at-the-market program for up to an aggregate amount of $300 million. The Class A common stock is listed on the Nasdaq Global Select Market under the symbol RXRX. Recursion Pharmaceuticals is a clinical-stage biotechnology company focused on industrializing drug discovery by decoding biology and is headquartered in Salt Lake City, Utah. Davis Polk represented the sales agent with a team composed by: partners Alan F. Denenberg (corporate) and Beth LeBow (corporate); associates Savannah J. Dowling (corporate), Rebecca Lei (corporate) and Ashley Jaworoski (corporate); partner Frank Azzopardi (intellectual property) and associate Hannah Coleman (intellectual property); counsel Liang Zhang (tax) and associates Alanna Phillips (tax) and Fred (Chen) Fu (tax). Members of the team were based in the Northern California and New York offices.
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