other_material
confidence high
sentiment neutral
materiality 0.60
Centessa Pharma enters into $250M ATM equity offering facility with Leerink Partners
Centessa Pharmaceuticals plc
- Up to $250M of American Depositary Shares may be sold through Leerink as sales agent.
- Commission of 3.0% on gross proceeds; Leerink also receives up to $150K legal expense reimbursement.
- No minimum offering amount; net proceeds expected for working capital, capex, and general corporate purposes.
- Amends and restates prior sales agreement dated January 27, 2023, with Leerink.
item 8.01item 9.01