other material
confidence high
sentiment neutral
materiality 0.75
Adicet Bio raises ~$74.8M in underwritten offering of 70M shares + 10M pre-funded warrants at $1.00/share
Adicet Bio, Inc.
- Offering of 70,001,000 common shares at $1.00/share and pre-funded warrants for 10M shares at $0.9999 each.
- Net proceeds estimated at ~$74.8M after 6% underwriting discount and expenses.
- Expected to close on October 8, 2025; Jefferies and Guggenheim lead underwriters.
- Pre-funded warrants have $0.0001 exercise price, cashless exercise, 9.99% beneficial ownership limitation.
- Offering made under existing Form S-3 shelf registration (File No. 333-285609).