iBio Announces Proposed Public Offering
iBio (Nasdaq: IBIO), an AI-driven precision antibody therapies company, has announced a proposed underwritten public offering. The offering includes pre-funded warrants to purchase common stock and accompanying Series G and Series H warrants.
The company plans to use the proceeds to advance its preclinical cardiometabolic programs, including IBIO-610 (myostatin and activin A bispecific) and IBIO-600 programs, as well as other preclinical pipeline assets. Leerink Partners is leading the offering as the lead bookrunning manager, with LifeSci Capital and Oppenheimer & Co. serving as additional bookrunning managers.
iBio (Nasdaq: IBIO), una società che sviluppa terapie anticorpali di precisione basate sull'IA, ha annunciato una proposta di offerta pubblica garantita. L'offerta comprende warrant pre-finanziati per l'acquisto di azioni ordinarie e i relativi warrant di Serie G e Serie H.
L'azienda intende utilizzare i proventi per far avanzare i suoi programmi preclinici cardiometabolici, tra cui i programmi IBIO-610 (bispecifico contro miostatina e activina A) e IBIO-600, oltre ad altri asset del pipeline preclinico. Leerink Partners guida l'operazione come lead bookrunning manager, con LifeSci Capital e Oppenheimer & Co. come bookrunning manager aggiuntivi.
iBio (Nasdaq: IBIO), una compañía que desarrolla terapias de anticuerpos de precisión impulsadas por IA, ha anunciado una propuesta de oferta pública suscrita. La oferta incluye warrants prefinanciados para comprar acciones ordinarias y los correspondientes warrants Serie G y Serie H.
La compañía planea utilizar los ingresos para avanzar sus programas preclínicos cardiometabólicos, incluidos los programas IBIO-610 (bispecífico contra miostatina y activina A) e IBIO-600, así como otros activos de la cartera preclínica. Leerink Partners lidera la oferta como gestor principal, con LifeSci Capital y Oppenheimer & Co. actuando como gestores adicionales.
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iBio (Nasdaq: IBIO), une entreprise développant des thérapies anticorps de précision pilotées par l'IA, a annoncé une offre publique garantie proposée. L'offre inclut des warrants préfinancés pour l'achat d'actions ordinaires ainsi que les warrants de séries G et H qui les accompagnent.
La société prévoit d'utiliser les produits pour faire progresser ses programmes précliniques cardiométaboliques, notamment les programmes IBIO-610 (bispecific ciblant la myostatine et l'activine A) et IBIO-600, ainsi que d'autres actifs de la pipeline préclinique. Leerink Partners dirige l'opération en tant que gestionnaire principal du livre, avec LifeSci Capital et Oppenheimer & Co. en tant que gestionnaires additionnels.
iBio (Nasdaq: IBIO), ein auf KI gestütztes Unternehmen für präzise Antikörpertherapien, hat eine geplante unterzeichnete öffentliche Emission angekündigt. Das Angebot umfasst vorausfinanzierte Optionen (pre-funded warrants) zum Erwerb von Stammaktien sowie die dazugehörigen Warrants der Serien G und H.
Das Unternehmen plant, die Erlöse zu verwenden, um seine präklinischen kardiometabolischen Programme voranzutreiben, darunter die Programme IBIO-610 (bispezifisch gegen Myostatin und Activin A) und IBIO-600 sowie weitere präklinische Pipeline-Assets. Leerink Partners fungiert als führender Bookrunning-Manager, mit LifeSci Capital und Oppenheimer & Co. als zusätzlichen Bookrunning-Managern.
- Proceeds will advance multiple preclinical programs including IBIO-610 and IBIO-600
- Strong banking support with Leerink Partners as lead bookrunner
- Potential dilution for existing shareholders through warrant offerings
- No guaranteed completion of the offering due to market conditions
- Multiple layers of warrants (pre-funded, Series G, and Series H) adding complexity to the capital structure
Insights
iBio is raising capital through a complex public offering to fund its preclinical pipeline, particularly cardiometabolic programs.
iBio is initiating a complex public offering consisting of pre-funded warrants and two series of accompanying warrants (Series G and Series H) to purchase fractions of common stock or additional pre-funded warrants. This financing mechanism is notably intricate, suggesting the company may be trying to create a more flexible capital structure while managing potential dilution effects.
The proceeds are earmarked for advancing preclinical cardiometabolic programs, specifically highlighting IBIO-610 (a myostatin and activin A bispecific) and IBIO-600, through key development milestones. The remaining funds will support other preclinical assets and general corporate purposes including working capital requirements.
The company has assembled a syndicate of investment banks, with Leerink Partners as the lead bookrunner, alongside LifeSci Capital and Oppenheimer as additional bookrunners. This multi-bank approach typically indicates a substantial offering size relative to the company's market capitalization.
Importantly, the offering is being conducted under a shelf registration statement (File No. 333-280680) that became effective recently on August 6, 2024, providing the legal framework for this capital raise. The offering remains contingent on market conditions, with no guarantee of completion, size, or final terms.
This financing comes at a critical juncture for iBio as it describes itself as an "AI-driven innovator of precision antibody therapies," positioning the company in the cutting-edge intersection of artificial intelligence and targeted therapeutics. The capital infusion appears aimed at accelerating development of its preclinical pipeline before reaching costlier clinical-stage milestones.
SAN DIEGO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- (岹: IBIO), an AI-driven innovator of precision antibody therapies, today announced it has commenced an underwritten public offering (the “offering�) of (i) pre-funded warrants to purchase shares of iBio’s common stock, and (ii) accompanying Series G warrants each representing the right to purchase (a) a fraction of a share of iBio’s common stock, or a pre-funded warrant in lieu thereof, and (b) Series H warrants each representing the right to purchase a fraction of a share of iBio’s common stock, or a pre-funded warrant in lieu thereof. All of the securities to be sold in the proposed offering will be offered by iBio. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.
iBio intends to use the net proceeds received from the offering to advance its preclinical cardiometabolic programs, including IBIO-610, the myostatin and activin A bispecific, and IBIO-600 programs, through key development milestones, as well as to continue to progress its other preclinical pipeline assets, and the balance, if any, to fund iBio’s working capital requirements and for other general corporate purposes.
Leerink Partners is acting as the lead bookrunning manager for the offering. LifeSci Capital and Oppenheimer & Co. are acting as bookrunning managers. Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as a financial advisor to iBio.
The offering is being made by iBio pursuant to a shelf registration statement on Form S-3 (File No. 333- 280680), as amended (the “registration statement�), initially filed with the SEC on July 3, 2024, which became effective on August 6, 2024. The offering is being made only by means of a preliminary prospectus supplement and the accompanying base prospectus that form a part of the registration statement. A preliminary prospectus supplement and the accompanying base prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at . Copies of the preliminary prospectus supplement and the accompanying base prospectus, and when available, copies of the final prospectus supplement and the accompanying base prospectus relating to the offering, may be obtained by contacting Leerink Partners LLC, Syndicate Department, 53 State Street, 40th Floor, Boston, MA 02109, or by telephone at (800) 808-7525 ext. 6105, or by email at .
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About iBio, Inc.
iBio(岹:IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. iBio’s mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the proposed offering, including the number and kind of securities to be sold in the proposed offering and iBio’s use of the net proceeds of the proposed offering; iBio’s ability to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases; iBio’s ability to create a pipeline of breakthrough antibody treatments to address significant unmet medical needs, including its use of its AI powered technology stack; and iBio’s ability to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine. While iBio believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, risks and uncertainties relating to market conditions, the completion of the proposed offering on the anticipated terms or at all, iBio’s ability to secure sufficient additional capital in the near-term, the initiation, timing, progress and results of iBio’s research and development programs, the potential advantages and benefits of iBio’s current and future product candidates, and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Corporate Contact:
iBio, Inc.
Investor Relations
Media Contacts:
Ignacio Guerrero-Ros, Ph.D., or David Schull
Russo Partners, LLC
(858) 717-2310 or (646) 942-5604
