Adicet Bio launches $80M securities offering

Published 1 month ago Neutral
Adicet Bio launches $80M securities offering
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* Adicet Bio (NASDAQ:ACET [https://seekingalpha.com/symbol/ACET]) announced an underwritten direct offering of 70 million shares of common stock and, for certain investors, pre-funded warrants to buy 10 million shares.
* The common stock is priced at $1.00 per share, and the pre-funded warrants at $0.9999 each.
* The offering is expected to raise approximately $80 million before fees and expenses and is scheduled to close around October 8, 2025, subject to customary conditions.
* ACET +15.0% premarket to $1.15
* Source: Press Release [https://seekingalpha.com/pr/20256628-adicet-bio-inc-announces-80-million-registered-direct-offering]

MORE ON ADICET BIO

* Seeking Alpha’s Quant Rating on Adicet Bio [https://seekingalpha.com/symbol/ACET/ratings/quant-ratings]
* Historical earnings data for Adicet Bio [https://seekingalpha.com/symbol/ACET/earnings]
* Financial information for Adicet Bio [https://seekingalpha.com/symbol/ACET/income-statement]