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ADC Therapeutics Announces $100 Million Private Placement Extending Expected Cash Runway into 2028
ADCAgree Realty(ADC) Prnewswire·2025-06-12 18:45

LAUSANNE, Switzerland, June 12, 2025 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced that it has entered into securities purchase agreements for the sale of its equity securities to certain institutional investors in a 100.0millionprivateinvestmentinpublicequity("PIPE")financing.InthePIPE,ADCTherapeuticsisselling13.0millioncommonsharesat100.0 million private investment in public equity ("PIPE") financing. In the PIPE, ADC Therapeutics is selling 13.0 million common shares at 3.53 per share and pre-funded warrants ...