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Centessa Pharmaceuticals prices $250M offering at $21.5 per ADS

2025-11-12 16:22

 

  • Clinical-stage pharmaceutical company Centessa Pharmaceuticals (CNTA) priced an underwritten public offering of ~11.63M ADSs, each representing one ordinary share, at a price to the public of $21.50 per ADS.
  • The aggregate gross proceeds are expected to be ~$250M.
  • All ADSs sold in the offering were offered by Centessa. The underwriters have a 30-day option to purchase up to an additional ~1.74M ADSs.
  • The offering is expected to close on or about November 14, 2025
  • The stock price fell 3.5% on Wednesday during pre-market hours of trading.

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