Sana Biotechnology Announces Closing of Full Exercise of Underwriters’ Option to Purchase Additional Shares
SEATTLE, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Sana Biotechnology, Inc. (Nasdaq: SANA) (“Sana”), a company focused on changing the possible for patients through engineered cells, today announced that it has closed the sale of 3,358,208 shares of its common stock at a price to the public of $3.35 per share, pursuant to the exercise in full of the underwriters’ option to purchase additional shares in connection with Sana’s previously announced underwritten public offering, which closed on August 8, 2025. All of the shares were sold by Sana. Total gross proceeds from the offering, including the full exercise of the underwriters’ option, were approximately $86.3 million, before deducting underwriting discounts and commissions and other offering expenses.
Related Questions
How will the additional 3,358,208 shares impact Sana Biotechnology’s dilution and earnings per share?
How might the increased float from the full underwriters’ option exercise affect the stock’s liquidity and short‑interest dynamics?
What is the net amount of capital raised after accounting for underwriting discounts, commissions, and other offering expenses?