Allogene Therapeutics Announces Pricing of $110 million Offering of Common Stock
ALLOAllogene Therapeutics(ALLO) Newsfilter·2024-05-14 04:47

SOUTH SAN FRANCISCO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Allogene Therapeutics, Inc. (NASDAQ:ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) products for cancer and autoimmune disease, today announced the pricing of an underwritten offering of 37,931,035 shares of its common stock at a price of 2.90pershare.Thegrossproceedsfromthisofferingareexpectedtobeapproximately2.90 per share. The gross proceeds from this offering are expected to be approximately 110 million, before deducting the underwriting discount and comm ...