Recent 8-K filings for ADCT
Highest-materiality recent filing
ADC Therapeutics announces $100M private placement and restructuring with 30% workforce cut
- $100M private placement: 13.03M shares at $3.53 & 15.73M pre-funded warrants at $3.432; close June 16, 2025.
- Board approved restructuring to focus on ZYNLONTA and PSMA ADC; discontinue early preclinical solid tumor programs.
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ADC Therapeutics shareholders approve capital range increase, equity plan expansion at 2026 AGM
Approved increase in authorized shares under 2019 Equity Incentive Plan: 46.6M for, 18.9M against.
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ADC Therapeutics Q1 net product revenue $20.0M, net loss $0.21/share; cash runway into 2028
Net product revenue $20.0M (up 15% YoY from $17.4M).
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ADC Therapeutics posts Q4 revenue $22.3M; net loss narrows; LOTIS-5 topline data expected Q2 2026
Q4 net product revenue $22.3M, full year $73.6M, up from $16.4M and $69.3M respectively in 2024.
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ADC Therapeutics cuts change-of-control payment to HCR from $750M to $150-200M; issues warrants
Under amended HCR agreement, change-of-control payment reduced to $150M before 2028 or $200M after, from $750M previously.
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ADC Therapeutics posts updated corporate presentation with no material new disclosures
ADC Therapeutics made available an updated corporate presentation dated January 2026 via 8-K filing.
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ADC Therapeutics reports preliminary 2025 revenue of ~$73M; cash runway extended to 2028
Preliminary Q4 2025 ZYNLONTA net product revenue ~$22M; full year 2025 ~$73M vs $69.3M in 2024.
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Best ORR 89.8% (44/49); CR rate 77.6% (38/49) across dose levels.
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ADC Therapeutics Q3 net product revenue $15.8M; net loss narrows to $41M; $60M PIPE strengthens cash
Q3 net product revenue $15.8M (down 12% YoY); nine-month 2025 revenue $51.2M vs $52.9M in 2024.
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ADC Therapeutics raises $60M PIPE; prelim Q3 ZYNLONTA revenue $15.8M, cash $234.7M
PIPE of 11.25M shares at $4.00 and 3.85M pre-funded warrants at $3.90; gross $60M, close expected Oct 27.
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ADC Therapeutics updates with strong LOTIS-7 combo data; ZYNLONTA expansion plans detailed
LOTIS-7 (ZYNLONTA+glofitamab) achieved 86.7% CR rate in r/r LBCL; 93.3% ORR in evaluable patients (N=30).
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ADC Therapeutics Q2 net loss widens to $56.6M; completes $100M PIPE, cuts workforce 30%
Q2 product revenue $18.1M (+6% YoY); net loss $56.6M ($0.50/share) vs $36.5M loss ($0.38) in Q2 2024.
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ADC Therapeutics announces $100M private placement and restructuring with 30% workforce cut
$100M private placement: 13.03M shares at $3.53 & 15.73M pre-funded warrants at $3.432; close June 16, 2025.
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ADC Therapeutics elects Timothy Coughlin to board at 2025 AGM; all proposals pass
Timothy Coughlin elected to board; CPA, former Neurocrine CFO, appointed audit committee chair.
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ADC Therapeutics Q1 net loss narrows to $38.6M; ZYNLONTA revenue $17.4M, LOTIS-7 shows 95.5% ORR
Q1 product revenue $17.4M vs $17.8M YoY; license revenue $5.6M including $5M Canadian milestone.
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Net loss Q4 2024 was $30.7M ($0.29/share) vs $85.0M ($1.03) in Q4 2023; full year net loss $157.8M ($1.62) vs $240.1M ($2.94).
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ADC Therapeutics releases preliminary 2024 ZYNLONTA sales and expense data at JPM conference
Preliminary ZYNLONTA net sales and FY2024 expenses disclosed at JPMorgan Healthcare Conference; no specific figures in filing.
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Shareholders approved amendment to Article 4a to increase capital range (52.4M for, 9.0M against).
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ADC Therapeutics reports Q3 2024 revenue $18.0M; net loss narrows; discontinues ADCT-601
ZYNLONTA net product revenue $18.0M in Q3 2024 vs $14.3M in Q3 2023; year-to-date $52.9M.
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ADC Therapeutics Q2 2024: ZYNLONTA $17M (−5% QoQ), net loss $36.5M, cash extended to mid-2026
ZYNLONTA net sales $17.0M in Q2 2024 (−5% QoQ, −11% YoY); commercial profitability achieved.
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Shareholders approved management report, annual financial statements, and discharge of directors/executive committee for FY2023.
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ADC Therapeutics posts corporate presentation; no material new disclosures identified
Presentation dated May 14, 2024 made available for industry conferences and investor meetings.
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ADC Therapeutics raises ~$105M in public offering of common shares and pre-funded warrants
Offered 13.4M common shares at $4.90/share and pre-funded warrants for 8.2M shares at $4.812/warrant.
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ZYNLONTA net sales $17.8M in Q1 2024, up 7% QoQ, down 6% YoY; total operating expenses down 25%.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.65 · Most common event earnings