BriaCell Announces Closing of Over-Allotment Option in Connection with U.S. Public Offering, Bringing Total Gross Proceeds to US$28.7 Million

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BERKELEY, Calif. and VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) — BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX-V:BCT) (“BriaCell” or the “Agency”), a clinical-stage biotechnology agency specializing in centered immunotherapies for superior breast most cancers, proper this second launched that it has achieved the sale of an additional 882,352 shares on the general public offering worth of US$4.24 per share pursuant to the underwriter’s over-allotment selection granted in reference to the Agency’s present public offering, resulting in additional gross proceeds of roughly US$3.7 million. After giving impression to the whole practice of the over-allotment selection, the entire gross proceeds for most people offering elevated to roughly US$28.7 million.

ThinkEquity, a division of Fordham Financial Administration, Inc., acted as sole book-running supervisor for the offering.

The Agency intends to utilize the online proceeds to fund scientific trials and evaluation and development and for regular working capital and regular firm features.

A registration assertion on Kind F-1 (File No. 333-234292) relating to the offering was filed with the Securities and Change Payment (“SEC”) and declared environment friendly on February 23, 2023. The offering was made solely by means of a prospectus. Copies of the final word prospectus is also obtained from ThinkEquity, a division of Fordham Financial Administration, Inc., 17 State Street, twenty second Flooring, New York, New York 10004, by cellphone at (877) 436-3673, or by electronic message at [email protected]. Patrons may also pay money for these paperwork for free of charge by visiting the SEC’s site at http://www.sec.gov.

No securities regulatory authority has each accredited or disapproved the contents of this data launch. This press launch shall not symbolize a proposal to advertise or a solicitation of a proposal to buy, nor shall there be any sale of these securities in any state or jurisdiction by which such a proposal, solicitation, or sale might be unlawful earlier to registration or qualification beneath the securities authorized tips of any such state or jurisdiction.

About BriaCell Therapeutics Corp.

BriaCell is an immuno-oncology focused biotechnology agency rising centered and environment friendly approaches for the administration of most cancers.

For added information on BriaCell, please go to: https://briacell.com/.

Forward Attempting Statements

This press launch contains “forward-looking statements” that are matter to substantial risks and uncertainties. All statements, aside from statements of historic actuality, contained on this press launch are forward-looking statements. Forward-looking statements contained on this press launch is also acknowledged by the use of phrases harking back to “anticipate,” “think about,” “ponder,” “would possibly,” “estimate,” “anticipate,” “intend,” “search,” “would possibly,” “could,” “plan,” “potential,” “predict,” “problem,” “aim,” “objective,” “must,” “will” “would,” or the unfavorable of these phrases or completely different comparable expressions, although not all forward-looking statements comprise these phrases. Forward-looking statements are based on BriaCell’s current expectations and are matter to inherent uncertainties, risks and assumptions that are powerful to predict. Extra, certain forward-looking statements are based on assumptions as to future events that received’t present to be appropriate. These and completely different risks and uncertainties are described further completely throughout the half titled “Hazard Parts” throughout the Agency’s SEC filings. Forward-looking statements contained on this announcement are made as of this date, and BriaCell Therapeutics Corp. undertakes no obligation to interchange such information in addition to as required beneath related regulation.

Neither TSX Enterprise Change nor its Regulation Suppliers Provider (as that point interval is printed throughout the insurance coverage insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.

Contact Information

Agency Contact:
William V. Williams, MD
President & CEO
1-888-485-6340
[email protected]

Media Relations:
Jules Abraham
Director of Public Relations
CORE IR
917-885-7378
[email protected]

Investor Relations Contact:
CORE IR
[email protected]


Finance information

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