BeyondSpring (BYSI) Launches Public Offering of Ordinary Shares

BeyondSpring Inc. (the “Company” or “BeyondSpring”) (Nasdaq: BYSI), a global biopharmaceutical company focused on the development of innovative immuno-oncology cancer therapies, today announced the launch of an underwritten public offering of its ordinary shares. The Company also expects to grant the underwriters an option to purchase up to an additional 15% of the ordinary shares being offered. The Company also intends to sell additional ordinary shares to entities affiliated with Decheng Capital in a separate private placement transaction. The Company intends to use the net proceeds of this offering and the private placement to support the commercialization of Plinabulin, continued clinical and pre-clinical development and for general corporate purposes.

Jefferies and William Blair will be acting as joint book-running managers for the offering. The offering is subject to market and other conditions and may not be completed on the terms described or at all.

The offering is being made pursuant to the Company’s existing shelf registration statement, which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 15, 2019 and became effective on October 21, 2019.

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