other_material
confidence high
sentiment neutral
materiality 0.75
OmniAb raises $30M via private placement of 21.3M shares at $1.40/$1.85 per share
OmniAb, Inc.
- Private placement of 21,254,106 common shares at $1.40 (or $1.85 for insiders) for gross proceeds of ~$30M.
- Net proceeds to be used for working capital and general corporate purposes.
- Expected to close on Aug 26, 2025; Leerink Partners acting as sole placement agent.
- Company to file resale registration statement with SEC within 45 days after close; 60-day lock-up for insiders.
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