Adaptimmune Therapeutics (ADAP) Prices 21 Million Offering at $4/ADS

Go back to Adaptimmune Therapeutics (ADAP) Prices 21 Million Offering at $4/ADS

Adaptimmune Therapeutics plc Prices Public Offering of American Depositary Shares

January 22, 2020 8:48 AM EST

PHILADELPHIA and OXFORD, United Kingdom, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Adaptimmune Therapeutics plc (Adaptimmune)(Nasdaq: ADAP), a leader in T-cell therapy to treat cancer, today announced the pricing of an underwritten public offering of 21,000,000 of its American Depositary Shares (ADSs) at a price to the public of $4.00 per ADS. In connection with the offering, Adaptimmune has granted the underwriters a 30-day option to purchase up to an additional 3,150,000 ADSs at the public offering price. The gross offering size for this offering is expected to be approximately $84.0 million, excluding any exercise of the underwriters'... More

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