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-0.00584063412599085 -0.0191906549853984 -0.019607843137255 -0.040258656654151 -0.0354609929078015 -0.0354609929078015 -0.0216937838965373 -0.0216937838965373
Stock impact report

Legend Biotech Corporation Announces Proposed Public Offering

Legend Biotech Corporation - American Depositary Shares (LEGN) 
Company Research Source: Business Wire
SOMERSET, N.J.--(BUSINESS WIRE)--Legend Biotech Corporation (NASDAQ: LEGN) (“Legend Biotech”), a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications, today announced that it intends to offer and sell $300.0 million of American Depositary Shares (“ADSs”), each representing two ordinary shares, in an underwritten public offering. All ADSs to be sold in the proposed offering will be offered by Legend Biotech. Legend Biotech also intends to grant the underwriters a 30-day option to purchase up to an additional $45.0 million of ADSs sold in the public offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or the actual size or terms of the offering.Morgan Stanley, J.P. Morgan, Jefferies, Piper Sandler & Co. and Barclays are serving as jo Show less Read more
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