Legend Biotech (LEGN) Prices 8.14M ADS Offering at $43/sh
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Legend Biotech Corporation Announces Pricing of Public Offering
July 26, 2022 8:00 PM EDTSOMERSET, N.J.--(BUSINESS WIRE)-- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-threatening diseases, today announced that it has priced an underwritten public offering of 8,140,000 American Depositary Shares (ADSs), each representing two ordinary shares, at a public offering price of $43.00 per ADS, for total gross proceeds of approximately $350 million. In addition, Legend Biotech has granted the underwriters a 30-day option to purchase up to an additional 1,221,000 ADSs at the public offering price, less underwriting discounts and commissions. All of the... More
