Adc Therapeutics Announces $100 Mln Private Placement Extending Expected Cash Runway Into 2028
ReutersJun 12, 2025 10:47 AM
June 12 (Reuters) - ADC Therapeutics SA ADCT.N:
ADC THERAPEUTICS ANNOUNCES $100 MILLION PRIVATE PLACEMENT EXTENDING EXPECTED CASH RUNWAY INTO 2028
ADC THERAPEUTICS SA - TO SHUT DOWN UK FACILITY AND REDUCE WORKFORCE BY 30%
ADC THERAPEUTICS SA - ESTIMATES ONE-TIME CASH RESTRUCTURING CHARGES OF $6-$7 MILLION
ADC THERAPEUTICS SA - SELLING 13 MILLION SHARES AT $3.53 EACH AND 15.7 MILLION WARRANTS AT $3.43 EACH
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