Sana Biotechnology Secures $86.3 Million from Secondary Offering with Full Exercise of Underwriters' Option
Sana Biotechnology Inc., a company dedicated to advancing patient care through engineered cells, has announced the successful closure of the sale of 3,358,208 shares of its common stock. The shares were sold at a public price of $3.35 each, following the full exercise of the underwriters' option to purchase additional shares as part of a previously announced underwritten public offering. The transaction brought in gross proceeds of approximately $86.3 million. Morgan Stanley, Goldman Sachs & Co. LLC, BofA Securities, and TD Cowen served as joint book-running managers for the offering.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sana Biotechnology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9515657-en) on August 20, 2025, and is solely responsible for the information contained therein.
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