PepGen Plans Public Stock Offering
A preliminary prospectus supplement and accompanying prospectus will be filed by the company with the Securities and Exchange Commission (“SEC”) in connection with the offering. The offering was announced today and is subject to market and other conditions. The final terms of the offering will be determined upon pricing. The company intends to grant the underwriters a 30-day option to purchase additional shares of its common stock in connection with the offering.
The company plans to use the net proceeds from the offering for general corporate purposes, which may include working capital, capital expenditures, potential acquisitions, and strategic investments. The completion of the offering is subject to customary closing conditions, and there can be no assurance as to whether or when the offering may be completed.
The shares of common stock are being offered by the company. Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint lead book-running managers for the offering. Barclays, BofA Securities, Citigroup, Credit Suisse, J.P. Morgan, and RBC Capital Markets are also acting as book-running managers for the offering.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any 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. A registration statement on Form S-3 relating to these securities has been filed with the SEC and has become effective.
A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, email: [email protected] or from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.
About the Company: The company is a global technology company that provides a range of services and products. The company’s services and products include cloud computing, data storage, artificial intelligence, and other related offerings. The company serves a wide range of customers, including individuals, businesses, and government organizations.