Agenus Inc announces closing of public offering and exercise of over-allotment option

Monday, 10 Feb 2014 10:01am EST 

Agenus Inc:Closes underwritten registered public offering of common stock.Says common stock sold was 22,236,000, composed of 19,335,653 shares of common stock initially offered and an additional 2,900,347 shares of common stock sold pursuant to the exercise of the underwriters' over-allotment option, in each case at a public offering price of $2.70 per share.Says all of the shares in the offering were sold by Agenus.Net proceeds to agenus from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, are about $56.0 million.William Blair & Company, L.L.C. acted as sole book-running manager for the offering.Maxim Group LLC acted as lead manager and H.C. Wainwright & Co., LLC and MLV & Co. LLC acted as co-managers for the offering.Geller Biopharm Inc. acted as financial advisor for the offering. 

Company Quote

0.065 +1.66%
19 Dec 2014