I-Mab Files Prospectus Supplement for $65 Million Underwritten ADS Offering to Advance Cancer Treatment Pipeline

Reuters
08/04
<a href="https://laohu8.com/S/IMAB">I-Mab</a> Files Prospectus Supplement for $65 Million Underwritten ADS Offering to Advance <a href="https://laohu8.com/S/CTHZ">Cancer Treatment</a> Pipeline

I-Mab, a global biotech company listed on NASDAQ under the ticker IMAB, has announced the pricing of a $65 million underwritten offering of American Depositary Shares (ADSs). The offering consists of 33,333,334 ADSs, representing 76,666,668 ordinary shares, each priced at $1.95. The company plans to use the proceeds to fund clinical development of its pipeline products, including a Phase 2 trial of givastomig, and for general corporate purposes. The offering, set to close on August 5, 2025, is led by Leerink Partners with BTIG and Lucid Capital Markets also participating. A prospectus supplement has been filed with the SEC and is available for public access.

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. I-Mab published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-172122), on August 04, 2025, and is solely responsible for the information contained therein.

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