On August 25, 2025, OmniAb, Inc. announced it had entered into a definitive securities purchase agreement for a private placement expected to generate approximately $30 million in gross proceeds. The company will issue and sell an aggregate of 21,254,106 shares of its common stock.
The shares were priced at $1.40 per share, with officer and director participation at $1.85 per share. The net proceeds from this financing are anticipated to be used for general corporate purposes, bolstering OmniAb's financial flexibility.
The private placement included participation from top-tier new and existing investors, alongside officers and directors, signaling confidence in the company's strategic direction. The transaction is expected to close on or about August 26, 2025, subject to customary closing conditions.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.