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Lyell Immunopharma (LYEL) Stock Soars Following Private Placement Announcement

Summary by financialbuzz.com
Shares of Lyell Immunopharma Inc. (NASDAQ: LYEL) surged by 20% on Friday morning, driven by news of a substantial private placement financing deal worth up to $100 million, aimed at advancing its lead CAR T-cell therapy candidate, LYL314. The company disclosed that it has entered into agreements with institutional investors for the initial closing of approximately $50 million in common stock at a price of $13.32 per share, expected to finalize o…

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Lyell Immunopharma (LYEL) Stock Soars Following Private Placement Announcement

Shares of Lyell Immunopharma Inc. (NASDAQ: LYEL) surged by 20% on Friday morning, driven by news of a substantial private placement financing deal worth up to $100 million, aimed at advancing its lead CAR T-cell therapy candidate, LYL314. The company disclosed that it has entered into agreements with institutional investors for the initial closing of approximately $50 million in common stock at a price of $13.32 per share, expected to finalize o…

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financialbuzz.com broke the news in on Friday, July 25, 2025.
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