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Public ADS sale nets $109mm for Autolus

Executive Summary

Autolus Therapeutics PLC (T-cell reprogramming for cancer treatment) netted $109mm through the public sale of 4.83mm American Depositary Shares (including the overallotment; representing 4.83mm common) at $24. Offering proceeds will be combined with the company's over $200mm in cash on hand to support continued project development, with the majority earmarked for continued trials of AUTO1 for adult acute lymphocytic leukemia (ALL), AUTO3 for pediatric ALL and diffuse large B-cell lymphoma (DLBCL), AUTO2 for multiple myeloma, and AUTO4 for peripheral T-cell lymphoma.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
    • Vaccines
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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