Brief: Adc Therapeutics Announces $100 Mln Private Placement Extending Expected Cash Runway Into 2028

ADC Therapeutics SA

12/06/2025 11:47

June 12 (Reuters) - ADC Therapeutics SA ADCT.N:

ADC THERAPEUTICS ANNOUNCES $100 MILLION PRIVATE PLACEMENT EXTENDING EXPECTED CASH RUNWAY INTO 2028

ADC THERAPEUTICS SA - TO SHUT DOWN UK FACILITY AND REDUCE WORKFORCE BY 30%

ADC THERAPEUTICS SA - ESTIMATES ONE-TIME CASH RESTRUCTURING CHARGES OF $6-$7 MILLION

ADC THERAPEUTICS SA - SELLING 13 MILLION SHARES AT $3.53 EACH AND 15.7 MILLION WARRANTS AT $3.43 EACH

Source text: ID:nPn36WtPVa

Further company coverage: ADCT.N

 ((Reuters.Briefs@thomsonreuters.com;))