# Orchestra BioMed Shares Drop More Than 11% After Offering Plan

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/50815
Published: 2026-11-07T12:43:10.000Z
Updated: 2026-11-07T12:43:10.000Z
Section: Business

> The biomedical innovation company plans an underwritten public offering of common stock.

Orchestra BioMed Holdings, Inc. announced plans for an underwritten public offering of common stock. Its shares fell more than 11% in extended trading Thursday, Nov. 5, following the announcement.

Orchestra BioMed is a biomedical innovation company.