InvestorNewsBreaks – Atara Biotherapeutics Inc. (NASDAQ: ATRA) Secures $175M in Underwritten Public Offering
Jan 7, 2021
Atara Biotherapeutics (NASDAQ: ATRA), a pioneer in T-cell immunotherapy leveraging its novel allogeneic EBV T- cell platform to develop transformative therapies for patients with serious diseases including solid tumors, hematologic cancers and autoimmune diseases, has closed an underwritten public offering of 5,102,041 shares of its common stock at the public offering price of $24.50 per share. According to the update, pre-funded warrants of 2,040,816 shares of its common stock were also sold at a purchase price of $24.4999 per pre-funded warrant share to certain investors. This represents the per share public offering price for the common stock, minus the $0.0001 per share exercise price of each such pre-funded warrant share. Atara Biotherapeutics secured approximately $175.0 million in gross proceeds. In addition, Atara Biotherapeutics has granted the underwriters a 30-day option to purchase up to an additional 1,071,428 shares of its common stock at the public offering price. Roth Capital Partners (“ROTH”) acted as co-manager for the offering.
To view the full press release, visit https://ibn.fm/OyPgQ
About Atara Biotherapeutics Inc.
Atara Biotherapeutics is a pioneer in T-cell immunotherapy leveraging its novel allogeneic EBV T-cell platform to develop transformative therapies for patients with serious diseases including solid tumors, hematologic cancers and autoimmune diseases. For more information, please visit www.AtaraBio.com.
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