Adicet Bio (ACET) Prices 27.05M Share Offering at $2.40/sh

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Go back to Adicet Bio (ACET) Prices 27.05M Share Offering at $2.40/sh

Adicet Bio, Inc. Announces Pricing of Public Offering

January 22, 2024 11:43 PM EST

REDWOOD CITY, Calif. & BOSTON--(BUSINESS WIRE)-- Adicet Bio, Inc. (Adicet) (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for autoimmune diseases and cancer, today announced the pricing of an underwritten public offering of 27,054,667 shares of its common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase 8,445,333 shares of common stock. The shares of common stock are being sold at a public offering price of $2.40 per share and the pre-funded warrants are being sold at a public offering price of $2.3999 per... More