Abcellera Biologics is trading 8.61% down at $8.92 in pre-market after announcing a proposed $200 million underwritten public offering.
- The financing includes common shares and pre-funded warrants, creating potential dilution following the stock’s sharp rally after positive ABCL635 Phase 2 results.
- Proceeds are intended to fund pipeline research, clinical development, working capital, and general corporate purposes.
- Pricing and share-count details were not disclosed; the announcement was made on August 11, 2026.