other material
confidence high
sentiment neutral
materiality 0.65
Atara Biotherapeutics raises ~$16M in registered direct offering of common stock and pre-funded warrants
Atara Biotherapeutics, Inc.
- Gross proceeds ~$16M from 834,237 shares at $6.61/share and pre-funded warrants for 1,587,108 shares at $6.6099.
- Pre-funded warrants have exercise price $0.0001/share, exercisable immediately, no expiration.
- Net proceeds to fund BLA approval activities for tab-cel and for working capital.
- Underwriting agreement with TD Securities; offering expected to close May 16, 2025.
- 30-day lock-up on issuance and sale of company securities post-closing.