Adlai Nortye Ltd. announced that it expects to receive $150.000004 million in funding from a group of investors

Published: 2026-04-16 10:05:41 ET ANL

Published on 04/16/2026 at 10:05 am EDT

Adlai Nortye Ltd.has entered into a securities purchase agreement to issue 11,320,755 American Depositary Shares at a price of $13.25 per for gross proceeds of $150,000,003.75 on April 16, 2026. The transaction includes participation from both new and existing institutional investors. New investors include Soleus Capital, Perceptive Advisors, ADAR1 Capital Management, MPM BioImpact, Octagon Capital, Eventide Asset Management and Kalehua Capital, DAFNA Capital Management, etc., with additional participation from existing investors including Cormorant Asset Management, Columbia Threadneedle Investments, Balyasny Asset Management, Casdin Capital and Squadron Capital Management, Superstring Capital Management, etc.

The private placement is expected to close on April 17, 2026, subject to the satisfaction of customary closing conditions.