Immix Biopharma $150 million stock offering
We advised the lead bookrunner and the underwriters on the offering
Davis Polk advised the lead bookrunner and representative of the several underwriters in connection with a public offering by Immix Biopharma, Inc. of 16,778,524 shares of common stock at $8.94 per share for total gross proceeds of approximately $150 million. The common stock is listed on the Nasdaq Capital Market under the symbol “IMMX.”
Immix Biopharma is a clinical-stage biopharmaceutical company focused on the application of chimeric antigen receptor therapy (CAR-T) in light chain (AL) Amyloidosis and other serious diseases.
The Davis Polk corporate team included partners Alan F. Denenberg and Beth LeBow and associates Julia Molo and Ashley Jaworoski. Counsel Dustin Plotnick and associates Michael Hsieh and Sophia Kwende provided tax advice. Partner David R. Bauer and associate Hannah Coleman provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.