other material
confidence high
sentiment neutral
materiality 0.75
Arcellx closes upsized public offering of 8.05M shares, gross proceeds $128.8M
Arcellx, Inc.
- Offered 7M shares plus full underwriter option of 1.05M; total 8.05M at $16.00 per share.
- Gross proceeds $128.8M before underwriting discounts and offering expenses.
- Joint book-running managers: BofA Securities, SVB Securities, William Blair, Canaccord Genuity.
- Shares sold by the company; registration effective June 15, 2022 and closed June 21, 2022.
- Proceeds intended for general corporate purposes and pipeline development.