other material
confidence high
sentiment neutral
materiality 0.75
NewAmsterdam Pharma prices $416.5M upsized public offering; net proceeds ~$452.6M
NewAmsterdam Pharma Co N.V.
- Pricing of 12,117,347 ordinary shares at $24.50/share and 4,882,653 pre-funded warrants at $24.4999/warrant.
- Offering upsized from initial $300M to $416.5M; underwriters exercised option to buy additional 2,550,000 shares.
- Net proceeds to company expected ~$452.6M after underwriting discounts and estimated offering expenses.
- Closing expected on or about December 13, 2024, subject to customary conditions.
- Joint book-running managers: Jefferies, Goldman Sachs, Leerink Partners, TD Cowen, Guggenheim Securities, William Blair.