15 unchanged sentences
In connection with our IPO, we issued and sold an aggregate of 12,650,000 shares of our common stock at a price of $16.00 per share, including 1,650,000 shares of our common stock issued and sold in connection with the full exercise by the underwriters of their option to purchase additional shares of common stock.
−Removed: The gross proceeds from the offering for shares sold in our IPO was $202.4 million.
+Added: gross proceeds from the offering for shares sold in our IPO was $202.4 million.
The joint book-running managers for the initial public offering were J.P.
5 unchanged sentences
We invested the funds received in marketable securities as described in more detail in Note 2 to our financial statements appearing in this Annual Report until such time the funds are required for use in operations.
+Added: Use of Proceeds from Follow-On Offering
+Added: On September 16, 2022, we completed a follow-on offering and issued 13,372,093 shares of our common stock at a price to the public of $10.32 per share, including 1,744,186 shares of common stock issued in connection with the full exercise by the underwriters of their options to purchase additional shares of common stock.
+Added: The aggregate gross proceeds from the follow-on offering were $138.0 million.
+Added: After deducting underwriting discounts and commissions of $8.3 million and offering costs of $0.5 million, the net proceeds from the follow-on offering were approximately $129.2 million.
+Added: There has been no material change in the planned use of proceeds in our follow-on offering as described in our final prospectus filed with the SEC on September 14, 2022 pursuant to Rule 424(b)(5).
+Added: We invested the funds received in interest-bearing investment-grade securities.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.