Cancer Biotech Cellectis Sets Terms For $129 Million IPO

Published: Mar 20, 2015

Cellectis, which is developing cancer immunotherapies based on gene-edited CAR T-cells, announced terms for its US offering on Wednesday.

The Paris, France-based company plans to raise $129 million by offering 3.5 million ADSs. Its shares currently trade on the Alternext market of the Euronext Paris under the symbol ALCLS and its last share price was €35, or $36.83. At that price, Cellectis would command a market value of $1.2 billion.

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