other material
confidence high
sentiment neutral
materiality 0.65
ImmunityBio raises $75M in registered direct offering of common stock and warrants
ImmunityBio, Inc.
- Gross proceeds of ~$75M from sale of 29.0M shares and warrants; warrants exercisable at $3.101 for 5 years.
- Offering priced at $2.584 per share plus warrant; expected close April 9, 2025.
- If fully exercised, warrants could yield additional ~$90M in gross proceeds.
- Single institutional investor; securities offered under existing shelf registration.
- Use of proceeds: working capital and support ongoing business operations.