other material
confidence high
sentiment neutral
materiality 0.75
Benitec Biopharma prices $100M equity offering at $13.50/share (7.4M shares total)
Benitec Biopharma Inc.
- Underwritten public offering of 5,930,000 shares plus 889,500-share underwriter option; concurrent registered direct offering of 1,481,481 shares to Suvretta Capital affiliates.
- Gross proceeds ~$100M; net proceeds to fund product candidate programs, working capital, and general corporate purposes.
- Offerings priced at $13.50 per share; expected to close Nov 7, 2025 subject to customary conditions.
- Company, execs, directors, and Suvretta Capital subject to 90-day lock-up on share sales after Nov 5, 2025.