Legend Biotech (LEGN) Prices 7.5M Share Offering at $40/sh

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Go back to Legend Biotech (LEGN) Prices 7.5M Share Offering at $40/sh

Legend Biotech Corporation Announces Pricing of Public Offering

December 16, 2021 9:19 AM EST

SOMERSET, N.J.--(BUSINESS WIRE)-- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications, today announced that it has priced an underwritten public offering of 7,500,000 American depositary shares (ADSs), each representing two ordinary shares, at a public offering price of $40.00 per ADS, for total gross proceeds of approximately $300.0 million. In addition, Legend Biotech has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 ADSs at the public offering price, less underwriting... More