Adaptimmune Therapeutics (ADAP) Plans Offering of ADSs

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Go back to Adaptimmune Therapeutics (ADAP) Plans Offering of ADSs

Adaptimmune Therapeutics plc Proposes Public Offering of American Depositary Shares

January 21, 2020 4:08 PM EST

PHILADELPHIA, Pa. and OXFORD, UK, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Adaptimmune Therapeutics plc (Nasdaq: ADAP), a leader in T-cell therapy to treat cancer, today announced that it intends to offer and sell American Depositary Shares (ADSs) in an underwritten public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Adaptimmune also expects to grant the underwriters a 30-day option to purchase additional ADSs at the public... More