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CRISPR Therapeutics AG (NASDAQ:CRSP) announced Wednesday that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission to offer and sell, from time to time, additional common shares with an aggregate offering price of up to $600 million.
According to the company’s statement in the SEC filing, the shares will be sold through Jefferies LLC acting as sales agent under an existing Open Market Sale Agreement. The offering will be conducted at the company’s discretion, and the shares will be issued pursuant to a previously filed shelf registration statement on Form S-3ASR (File No. 333-281262), which became effective on August 5, 2024.
The common shares being offered have a nominal value of CHF 0.03 per share and are listed on The Nasdaq Global Market under the trading symbol CRSP.
The legal opinion regarding the validity of the shares to be issued in the offering has been provided by Walder Wyss AG, as noted in the exhibits attached to the filing.
The company stated that this current report does not constitute an offer to sell or a solicitation of an offer to buy the securities in any jurisdiction where such an offer or sale would be unlawful prior to registration or qualification under applicable securities laws.
This information is based on a statement made in a press release filed with the SEC.
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