Agenus Prices Stock Offering

(RTTNews) - Agenus Inc. (AGEN) said Wednesday that it has priced an underwritten public offering of about 19.3 million primary shares of its common stock at a price of $2.70 per share.

The company has granted the underwriters a 30-day option to purchase up to about 2.9 million additional shares of common stock to cover over-allotments, if any.

William Blair & Company, L.L.C. is acting as sole book-running manager for the offering. Maxim Group LLC is acting as lead manager and H.C. Wainwright & Co., LLC and MLV & Co. LLC are acting as co-managers for the offering. Geller Biopharm Inc. is acting as financial advisor for the offering.