Adicet Bio (ACET) Announces Proposed Follow-On Offering of Common Stock

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Go back to Adicet Bio (ACET) Announces Proposed Follow-On Offering of Common Stock

Adicet Bio (ACET) Prices 6.25M Share Offering at $14/sh

December 8, 2021 5:39 AM EST

Adicet Bio, Inc. (Nasdaq: ACET), a biotechnology company discovering and developing allogeneic gamma delta CAR T cell therapies for cancer and other diseases, today announced the pricing of an underwritten public offering of 6,250,000 shares of its common stock at a public offering price of $14.00 per share. Adicet also granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are... More