12:15 PM EST, 11/12/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)
Centessa Pharmaceuticals ( CNTA ) shares were up 15% in recent Wednesday trading, a day after the company priced its public offering of 11.6 million American depositary shares, each representing one ordinary share, at $21.50 apiece, for expected gross proceeds of about $250 million.
Underwriters have a 30-day overallotment option to purchase up to 1.7 million additional ADSs.
The company expects the offering to close by Friday.
Price: 25.93, Change: +3.39, Percent Change: +15.02