Replimune (REPL) Prices 3.678M Share Common Offering at $13.61/Sh

Replimune Group, Inc. (NASDAQ: REPL) today announced the pricing of its public offering of 3,678,031 shares of its common stock at a public offering price of $13.61 per share. In addition, and in lieu of common stock, Replimune today announced the pricing of its public offering of pre-funded warrants to purchase 2,200,000 shares of its common stock at a purchase price of $13.6099 per pre-funded warrant, which equals the public offering price per share of the common stock less the $0.0001 per share exercise price of each pre-funded warrant. The aggregate gross proceeds from the offering are expected to be approximately $80 million, before deducting the underwriting discounts and commissions and estimated offering expenses payable by Replimune. All of the shares of common stock and pre-funded warrants are being offered by Replimune. In addition, Replimune has granted the underwriters a 30-day option to purchase up to an additional 881,704 shares of its common stock from Replimune at the public offering price, less the underwriting discounts. The offering is expected to close on November 18, 2019, subject to the satisfaction of customary closing conditions.

J.P. Morgan Securities LLC, SVB Leerink LLC, and BMO Capital Markets Corp. are acting as book-running managers for the offering. Wedbush Securities Inc. is acting as co-lead manager and Roth Capital Partners, LLC is acting as co-manager for the offering.

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