other material
confidence high
sentiment neutral
materiality 0.70
AlloVir raises $126.6M in registered direct offering at $4.61/share for Phase 3 trials
Kalaris Therapeutics, Inc.
- Sold 27.46M shares at $4.61 each; gross proceeds ~$126.6M.
- Funds to complete enrollment and data readouts in three ongoing Phase 3 trials of posoleucel.
- New investors include Kite (Gilead), F2 Ventures, ElevateBio, Invus, Redmile, EcoR1 Capital, GMT Capital.
- Offering expected to close July 28, 2022; no underwriter. Cash & equivalents $172.7M as of June 30, 2022.