Truist Securities Reiterates Buy Rating on Allogene (ALLO)
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Allogene Therapeutics Announces Pricing of $110 million Offering of Common Stock
May 13, 2024 4:47 PM EDTSOUTH SAN FRANCISCO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T) products for cancer and autoimmune disease, today announced the pricing of an underwritten offering of 37,931,035 shares of its common stock at a price of $2.90 per share. The gross proceeds from this offering are expected to be approximately $110 million, before deducting the underwriting discount and commissions and estimated offering expenses payable by Allogene.
The offering is anchored by mutual funds and large institutional investors and includes leading... More
Allogene Therapeutics Reports First Quarter 2024 Financial Results and Business Update
May 13, 2024 4:01 PM EDTCemacabtagene Ansegedleucel (Cema-Cel)
Expanded CD19 Oncology Rights to Include all EU Member States and the United Kingdom, Reinforcing Companys Conviction in the Unique Opportunity in Large B Cell Lymphoma (LBCL) and Relapsed/Refractory (R/R) Chronic Lymphocytic Leukemia (CLL) Extended Territory Rights Substantially Increase Market Opportunity in 1L Consolidation LBCL and R/R CLL From More Than $6 Billion in the US to More Than $9.5 Billion in the Combined U.S., EU Member States and the United KingdomConsolidated Rights Provide Greater Flexibility for Future Cema-Cel Partnerships to Expand... More
