Heidelberg, Germany, November 7, 2019 -- Affimed N.V. ("Affimed" or the
"Company") (Nasdaq: AFMD), a clinical stage biopharmaceutical company
committed to giving patients back their innate ability to fight cancer,
today announced that it has commenced an underwritten public offering of
its common shares. The Company expects to grant the underwriters a
30-day option to purchase up to an additional 15 percent of the number
of common shares sold in connection with the offering. All of the shares
in the offering will be sold by Affimed. This 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.
Jefferies LLC and SVB Leerink LLC are acting as joint book-running
managers of the offering. A shelf registration statement relating to
these securities filed with the Securities and Exchange Commission (the
"SEC") was declared effective by the SEC on November 7, 2018. The
offering will be made only by means of a prospectus and prospectus
supplement. A preliminary prospectus supplement and accompanying
prospectus related to the offering have been filed with the SEC and are
available at the SEC's website located at www.sec.gov. Copies of the
preliminary prospectus supplement and accompanying prospectus related to
the offering may be obtained by contacting Jefferies LLC, Attention:
Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor,
New York, NY 10022, or by telephone at (877) 821-7388 or by email at
Prospectus_Department@Jefferies.com, or SVB Leerink LLC, Attention:
Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110,
by telephone at (800) 808-7525, ext. 6132, or by email at
syndicate@svbleerink.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, 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.
About Affimed N.V.
Affimed (Nasdaq: AFMD) is a clinical stage biopharmaceutical company
committed to giving patients back their innate ability to fight cancer.
Affimed's fit-for-purpose ROCK(R) platform allows innate cell engagers
to be designed for specific patient populations. The Company is
developing single and combination therapies to treat hematologic and
solid tumors.
Forward-looking Statements
This press release contains forward-looking statements. All statements
other than statements of historical fact are forward-looking statements,
which are often indicated by terms such as "anticipate," "believe,"
"could," "estimate," "expect," "goal," "intend," "look forward to," "may,
" "plan," "potential," "predict," "project," "should," "will," "would"
and similar expressions. Forward-looking statements appear in a number
of places throughout this release and include statements regarding our
intentions, beliefs, projections, outlook, analyses and current
expectations concerning, among other things, the value of our ROCK(R)
platform, our ongoing and planned preclinical development and clinical
trials, our collaborations and development of our products in
combination with other therapies, the timing of and our ability to make
regulatory filings and obtain and maintain regulatory approvals for our
product candidates our intellectual property position, our collaboration
activities, our ability to develop commercial functions, expectations
regarding clinical trial data, our results of operations, cash needs,
financial condition, liquidity, prospects, future transactions, growth
and strategies, the industry in which we operate, the trends that may
affect the industry or us and the risks uncertainties and other factors
described under the heading "Risk Factors" in Affimed's filings with the
SEC. Given these risks, uncertainties and other factors, you should not
place undue reliance on these forward-looking statements, and we assume
no obligation to update these forward-looking statements, even if new
information becomes available in the future.
Affimed Investor and Media Contact
Gregory Gin, Head of Investor Relations
E-Mail: IR@affimed.com
(END) Dow Jones Newswires
November 07, 2019 16:11 ET (21:11 GMT)
© 2019 Dow Jones News
