other material
confidence high
sentiment neutral
materiality 0.75
Allogene prices $175M public offering of 87.5M shares at $2.00 per share
Allogene Therapeutics, Inc.
- Offering of 87,500,000 shares at $2.00/share; gross proceeds ~$175M before discounts and expenses.
- Underwriters granted 30-day option to buy up to 13,125,000 additional shares at same price.
- Closing expected on or about April 16, 2026, subject to customary conditions.
- Net proceeds for general corporate purposes including clinical trials and R&D.
- Goldman Sachs, Jefferies, and TD Cowen act as joint bookrunners; Piper Sandler and William Blair also joint bookrunners.