ImmunityBio (IBRX) Announces Proposed Public Offering of Common Stock

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Go back to ImmunityBio (IBRX) Announces Proposed Public Offering of Common Stock

ImmunityBio, Inc. Announces Proposed Public Offering of Common Stock

December 10, 2024 4:24 PM EST

CULVER CITY, Calif.--(BUSINESS WIRE)-- ImmunityBio, Inc. (NASDAQ: IBRX), a leading immunotherapy company, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. In addition, ImmunityBio expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. ImmunityBio currently intends to use the net proceeds from this offering to progress its continued commercialization of ANKTIVA® for... More