Capital Structure

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Capital Structure

Note 6. Capital Structure

Common Stock

In December 2020, all of the outstanding membership interests in Biomea Fusion LLC were exchanged for equity interests in Biomea Fusion, Inc. in a statutory conversion under Delaware law. All of the share information referenced throughout the financial statements and notes to the financial statements have been retroactively adjusted to reflect the change in capital structure.

The Company’s amended and restated certificate of incorporation authorizes the Company to issue up to 300,000,000 shares of common stock with a par value of $0.0001 per share and 10,000,000 shares of preferred stock with a par value of $0.0001 per share.

Common stockholders are entitled to dividends when and if declared by the Company’s Board of Directors and after any preferred share dividends are fully paid. The holder of each share of common stock is entitled to one vote per share of common stock. As of September 30, 2022, no dividends have been declared.

The Company had reserved common stock, on an as-converted basis, for future issuance as follows:

	September 30,		December 31,
	2022		2021
Stock options, issued and outstanding		5,189,839		4,254,504
Stock options, authorized for future issuance		1,603,260		1,134,944
Employee stock purchase plan, available for future issuance		526,218		284,993
Restricted stock, issued and outstanding		352,265		493,914
Total		7,671,582		6,168,355