{"id":472123,"date":"2021-04-06T16:04:33","date_gmt":"2021-04-06T20:04:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472123"},"modified":"2021-04-06T16:04:33","modified_gmt":"2021-04-06T20:04:33","slug":"achilles-therapeutics-announces-closing-of-175-5-million-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-announces-closing-of-175-5-million-initial-public-offering\/","title":{"rendered":"Achilles Therapeutics Announces Closing of $175.5 million Initial Public Offering"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">LONDON, April  06, 2021  (GLOBE NEWSWIRE) &#8212; Achilles Therapeutics plc (NASDAQ: ACHL), a clinical-stage biopharmaceutical company developing precision T cell therapies to treat solid tumors, today announced the closing of its previously announced initial public offering in the United States of 9,750,000 American Depositary Shares (\u201cADSs\u201d) representing 9,750,000\u00a0ordinary shares, at an initial public offering price of $18.00\u00a0per ADS. The gross proceeds to Achilles from the offering were approximately $175.5 million. All ADSs sold in the offering were offered by Achilles.<\/p>\n<p align=\"justify\">J.P. Morgan, BofA Securities and Piper Sandler acted as joint book-running managers for the offering. Chardan, Oppenheimer &amp; Co, and Kempen &amp; Co acted as co-managers.<\/p>\n<p align=\"justify\">A registration statement relating to these securities became effective on March 30, 2021. The securities referred to in this announcement were offered only by means of a prospectus. Copies of the preliminary prospectus relating to and describing the terms of the proposed IPO can be obtained from the following sources:<\/p>\n<ul type=\"disc\">\n<li>J.P. Morgan Securities LLC, Attention Equity Syndicate Desk, 383 Madison Avenue, New York, New York 10179, or via email: prospectuseq_fi@jpmchase.com;<\/li>\n<li>BofA Securities, Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, or via email: <a href=\"mailto:dg.prospectus_requests@bofa.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">dg.prospectus_requests@bofa.com<\/a>; or<\/li>\n<li style=\"margin-bottom:8pt\">Piper Sandler &amp; Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by telephone: (800) 747-3924, or via email: <a href=\"mailto:prospectus@psc.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">prospectus@psc.com<\/a>.<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>About Achilles Therapeutics<br \/><\/strong>Achilles is a clinical-stage, biopharmaceutical company developing precision T cell therapies targeting clonal neoantigens: protein markers unique to the individual that are expressed on the surface of every cancer cell. The Company has two ongoing Phase I\/IIa trials, the CHIRON trial in patients with advanced non-small cell lung cancer (NSCLC) and the THETIS trial in patients with recurrent or metastatic melanoma. Achilles uses DNA sequencing data from each patient, together with its proprietary PELEUS\u2122 bioinformatics platform, to identify clonal neoantigens specific to that patient, and then develop precision T cell-based product candidates specifically targeting those clonal neoantigens.<\/p>\n<p>\n        <strong>Lee M. Stern \u2013 VP, IR &amp; External Communications<\/strong><br \/>\n        <br \/>+1 (332) 373-2634<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4NkZub54vrdDwy270UAIu7CR3TcXmge8hBRy8FwioTthTLF6LGzjUL76ItEw5z58F0-INVo7pOMwyL3GG5ZwYF5y4E2Y5RKUpXEclNi2O6w=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">l.stern@achillestx.com<\/a><\/p>\n<p>\n        <strong>Consilium Strategic Communications<\/strong><br \/>\n        <br \/>Mary-Jane Elliott, Sukaina Virji, Melissa Gardiner<br \/>+44 (0) 203 709 5000<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BJcyNVKh0d0AMKVbX28uRrA8tiFcbAITKfJYOYC1HnfCq0q17vANJU29h6B_mxccGWHQtudUVicvaSxY9bayyrKOFXmtIflInD17tmSdtIPNImmUlROctLR7mX1qt9Qr\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">achillestx@consilium-comms.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMjM3OCM0MTA4MzAyIzIyMDY3NDU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/5e67bdee-c080-4337-a783-d8221663b6bf\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, April 06, 2021 (GLOBE NEWSWIRE) &#8212; Achilles Therapeutics plc (NASDAQ: ACHL), a clinical-stage biopharmaceutical company developing precision T cell therapies to treat solid tumors, today announced the closing of its previously announced initial public offering in the United States of 9,750,000 American Depositary Shares (\u201cADSs\u201d) representing 9,750,000\u00a0ordinary shares, at an initial public offering price of $18.00\u00a0per ADS. The gross proceeds to Achilles from the offering were approximately $175.5 million. All ADSs sold in the offering were offered by Achilles. J.P. Morgan, BofA Securities and Piper Sandler acted as joint book-running managers for the offering. Chardan, Oppenheimer &amp; Co, and Kempen &amp; Co acted as co-managers. A registration statement relating to these securities became effective on March 30, 2021. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-announces-closing-of-175-5-million-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Achilles Therapeutics Announces Closing of $175.5 million Initial Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472123","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Achilles Therapeutics Announces Closing of $175.5 million Initial Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/achilles-therapeutics-announces-closing-of-175-5-million-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Achilles Therapeutics Announces Closing of $175.5 million Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LONDON, April 06, 2021 (GLOBE NEWSWIRE) &#8212; Achilles Therapeutics plc (NASDAQ: ACHL), a clinical-stage biopharmaceutical company developing precision T cell therapies to treat solid tumors, today announced the closing of its previously announced initial public offering in the United States of 9,750,000 American Depositary Shares (\u201cADSs\u201d) representing 9,750,000\u00a0ordinary shares, at an initial public offering price of $18.00\u00a0per ADS. The gross proceeds to Achilles from the offering were approximately $175.5 million. All ADSs sold in the offering were offered by Achilles. J.P. Morgan, BofA Securities and Piper Sandler acted as joint book-running managers for the offering. Chardan, Oppenheimer &amp; Co, and Kempen &amp; Co acted as co-managers. A registration statement relating to these securities became effective on March 30, 2021. 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