Arix Bioscience plc Imara files for proposed IPO in the United States
17 Febbraio 2020 - 8:00AM
UK Regulatory
TIDMARIX
Arix Bioscience plc
Imara files for proposed initial public offering in the United States
LONDON, 17 February 2020: Arix Bioscience plc (LSE: ARIX) ("Arix Bioscience"),
a global venture capital company focused on investing in and building
breakthrough biotech companies, today announces that one of its portfolio
companies, Imara Inc., ("Imara"), has filed a registration statement on Form
S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed
initial public offering ("IPO") in the United States of shares of its common
stock. All shares to be sold in the offering will be offered by Imara. Imara
has applied to list its common stock on the Nasdaq Global Market under the
ticker symbol "IMRA". The offering is subject to market 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. A further announcement will be
made in due course.
A registration statement relating to these securities has been filed with the
SEC but has not yet become effective. These securities may not be sold, nor may
offers to buy be accepted, prior to the time the registration statement becomes
effective. This announcement does not constitute an offer to sell or the
solicitation of an offer to buy securities, and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of that jurisdiction. Any offers, solicitations or offers to
buy, or any sales of securities will be made in accordance with the
registration requirements of the Securities Act of 1933, as amended.
The securities referred to in this release are to be offered only by means of a
prospectus. When available, copies of the preliminary prospectus can be
obtained from Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York
10014, Attention: Prospectus Dept.; Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York, 11717 or by telephone
at (800) 831-9146; or SVB Leerink, One Federal Street, 37th Floor, Boston,
Massachusetts, 02110, Attention: Syndicate Department, by telephone at (800)
808-7525, ext. 6132, or by email at syndicate@leerink.com.
[ENDS]
Enquiries
For more information on Arix, please contact:
Arix Bioscience plc
Charlotte Parry, Head of Investor Relations
+44 (0)20 7290 1072
charlotte@arixbioscience.com
Optimum Strategic Communications
Mary Clark, Supriya Mathur
+44 (0)20 3714 1787
optimum.arix@optimumcomms.com
This announcement includes information that is inside information as defined in
Article 7 of the Market Abuse Regulation (EU) No.596/2014.The person
responsible for arranging for the release of this announcement on behalf of
Arix Bioscience plc is Robert Lyne, General Counsel.
About Arix Bioscience plc
Arix Bioscience plc is a global venture capital company focused on investing in
and building breakthrough biotech companies around cutting edge advances in
life sciences.
We collaborate with exceptional entrepreneurs and provide the capital,
expertise and global networks to help accelerate their ideas into important new
treatments for patients. As a listed company, we are able to bring this
exciting growth phase of our industry to a broader range of investors.
Arix Bioscience plc is listed on the Main Market of the London Stock Exchange.
For further information, please visit www.arixbioscience.com
About Imara
Imara Inc. is a clinical-stage biotechnology company dedicated to developing
and commercializing novel therapeutics to treat patients suffering from rare
inherited genetic disorders of hemoglobin, known as hemoglobinopathies. Imara
is currently advancing IMR-687, a highly selective, potent small molecule
inhibitor of PDE9 that is an oral, once-a-day, potentially disease-modifying
treatment for sickle cell disease and beta-thalassemia. IMR-687 is being
designed to have a multimodal mechanism of action that acts on red blood cells,
white blood cells, adhesion mediators and other cell types.
END
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