EMERYVILLE, Calif.--(BUSINESS WIRE)---- $OABI #OABI--OmniAb, Inc. (NASDAQ: OABI) today announced it has entered into a definitive securities purchase agreement to issue and sell an aggregate of 21,254,106 shares of its common stock at a price of $1.40 per share (or $1.85 per share for officer and director participation), in a private placement. OmniAb anticipates the gross proceeds from the private placement to be approximately $30 million, before deducting any placement agent fees and offering-related expense
Related Questions
How will the $30 million private placement dilute existing shareholders and affect OABI’s earnings per share?
What are the specific uses of the proceeds and how will they impact OmniAb’s runway and upcoming milestones?
Are there any redemption, conversion or anti‑dilution provisions tied to the officer/director participation price that could affect future financing terms?