secwatch / observer
8-K filed February 8, 2024, 6:59 PM ET ticker SANA CIK 0001770121
other material confidence high sentiment positive materiality 0.70

Sana Biotechnology prices upsized $165M public offering of common stock and pre-funded warrants

Sana Biotechnology, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sana Biotechnology, Inc. entered into Underwriting Agreement with Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and BofA Securities, Inc., as representatives valued at approximately $156.6 million (effective 2024-02-07).

Action
entry
Agreement
underwriting
Counterparty
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and BofA Securities, Inc., as representatives
Value
approximately $156.6 million
Effective
2024-02-07
Exact text from the filing
On February 7, 2024, Sana Biotechnology, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and BofA Securities, Inc., as representatives (the “Representatives”) of the several underwriters named therein (collectively, the “Underwriters”), relating to the issuance and sale in a public offering (the “Offering”) of 17,272,728 shares of the Company’s common stock, par value $0.0001 per share, at a price to the public of $5.50 per share (the “Underwritten Shares”), and pre-funded warrants (the “Pre-Funded Warrants”) to purchase 12,727,272 shares of the Company’s common stock at a price to the public of $5.4999 per underlying share.
View on SEC.gov

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Sana Biotechnology, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-24-028506
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