ELBIT IMAGING ANNOUNCES THAT GAMIDA CELL ANNOUNCES PRICING OF $35 MILLION PUBLIC OFFERING OF ORDINARY SHARES
ELBIT IMAGING LTD (EMITF)
US:NASDAQ Investor Relations:
elbitimaging.com
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, June 27, 2019 (GLOBE NEWSWIRE) -- Elbit Imaging Ltd. (TASE, UTC UC: EMITF) (“Elbit” or the “Company”) announced today, further to its press release dated June 25, 2019 that on June 27, 2019, Gamida Cell Ltd. (Nasdaq: GMDA) (“Gamida”), an indirect shareholding of the Company announced the pricing of an underwritten public offering of 7,000,000 ordinary shares at a public offering price of $5.00 per share for aggregate gross proceeds of $35 million, before deducting underwriting discounts and commission and estimated offering expenses. In addition, Gamida has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 ordinary shares at the public offering price, less the underwriting discounts and commissions. The offering is expected to close on or about July 1, 2019, subject to satisfaction of customary closing conditions. RBC Capital Markets and JMP Securities are acting as joint book-running managers for this offering. Oppenheimer & Co.
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