The offering is expected to generate approximately $75 million before deducting underwriting discounts and commissions, which may impact investor sentiment.Shattuck Labs Public OfferingShattuck Labs has priced its public offering at $4.00 per share for 10,879,376 shares, along with pre-funded warrants at $3.9999 per warrant.The offering is anticipated to close on June 11, 2026, subject to customary closing conditions.Shattuck Labs is a clinical-stage biotechnology company focused on developing monoclonal and bispecific DR3-blocking antibodies, including potential first-in-class therapies, for inflammatory and immune-mediated diseases.STTK Technical AnalysisFrom a longer-term trend lens, STTK is still holding just above its 200-day SMA at $4.01, but it’s trading 22.2% below its 20-day SMA ($5.67) and 32% below its 50-day SMA ($6.49), which keeps the intermediate trend pointed down.The 20-day SMA sitting below the 50-day SMA adds to that bearish near-term structure, even though the stock remains up 280.17% over the past 12 months.Momentum is the bigger story right now: RSI is 28.23, which puts the stock in oversold territory and suggests selling pressure has become stretched.RSI is a speedometer for recent price moves—readings this low often coincide with “capitulation-style” selling where bounces can start, but it doesn’t guarantee a bottom without follow-through.