Brief: Adaptive Biotechnologies Announces Proposed Convertible Senior Notes Offering

Adaptive Biotechnologies

15/06/2026 23:47

    June 15 (Reuters) - Adaptive Biotechnologies Corp  ADPT.O :
    * ADAPTIVE BIOTECHNOLOGIES CORPORATION ANNOUNCES PROPOSED
CONVERTIBLE SENIOR NOTES OFFERING
    * ADAPTIVE BIOTECHNOLOGIES - TO OFFER $250 MILLION
CONVERTIBLE SENIOR NOTES DUE 2031
    * ADAPTIVE BIOTECHNOLOGIES - MAY OFFER ADDITIONAL $37.5
MILLION IN NOTES
    * ADAPTIVE BIOTECHNOLOGIES - PROCEEDS EXPECTED TO REPAY
ORBIMED PURCHASE AGREEMENT
    * ADAPTIVE BIOTECHNOLOGIES - PROCEEDS TO FUND CAPPED CALL
AND REPURCHASE UP TO $25 MILLION COMMON STOCK

Source text:  ID:nGNX8ZrvSh 
Further company coverage:  ADPT.O 

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