Agomab Therapeutics priced its IPO at $16 per ADS, aiming for $200 million in gross proceeds. Trading starts February 6, 2026.
Quiver AI Summary
Agomab Therapeutics NV, a clinical-stage biopharmaceutical company focused on developing therapies for immunology and inflammatory diseases, announced the pricing of its initial public offering (IPO) on February 5, 2026. The IPO will consist of 12,500,000 American Depositary Shares at a price of $16.00 each, aiming for gross proceeds of $200 million before expenses. The shares are set to begin trading on the Nasdaq Global Select Market under the ticker "AGMB" on February 6, 2026, with the offering expected to close on February 9, 2026, pending customary conditions. Agomab has also granted underwriters a 30-day option to purchase an additional 1,875,000 ADSs. The offering is exclusively for investors in the United States and certain other jurisdictions, with no public offering being made in Belgium or elsewhere without compliance with relevant laws.
Potential Positives
- Agomab Therapeutics successfully priced its initial public offering at $16.00 per American Depositary Share, raising $200 million in gross proceeds, which can be invested in further development of its therapeutic candidates.
- The offering allows Agomab to enhance visibility and credibility in the biopharmaceutical market by being listed on the Nasdaq Global Select Market under the ticker symbol "AGMB."
- The strategic focus on chronic fibrotic indications with high unmet medical need aligns with significant market demand, potentially positioning Agomab favorably within the biopharmaceutical industry.
- The underwriters were established financial institutions, further indicating strong market confidence in Agomab's growth potential and strategic vision.
Potential Negatives
- The press release highlights the company's reliance on external financing through its IPO, which may indicate a lack of sufficient internal funding to support its operations and research.
- Agomab's forward-looking statements emphasize uncertainty in the timing and completion of the offering, which could reflect potential operational challenges or market conditions that may impact the company negatively.
- The mention of inherent risks in biopharmaceutical product development suggests that the company's future success is contingent on overcoming significant scientific and regulatory hurdles, which may deter investor confidence.
FAQ
What is Agomab Therapeutics focused on?
Agomab Therapeutics focuses on developing novel disease-modifying therapies for immunology and inflammatory diseases, particularly chronic fibrotic conditions.
When will Agomab's ADSs begin trading?
Agomab's American Depositary Shares (ADSs) are expected to begin trading on February 6, 2026, on the Nasdaq Global Select Market.
What is the pricing for Agomab's initial public offering?
The pricing for Agomab's initial public offering is set at $16.00 per ADS, raising an expected gross of $200 million.
Who are the underwriters for Agomab's offering?
J.P. Morgan, Morgan Stanley, Leerink Partners, and Van Lanschot Kempen are the joint book-running managers for Agomab's offering.
Where can I find more information about Agomab's IPO?
Detailed information can be found in the prospectus filed with the Securities and Exchange Commission and through the underwriters listed in the release.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
ANTWERP, Belgium, February 5, 2026 (GLOBE NEWSWIRE) – Agomab Therapeutics NV (Nasdaq: AGMB) (“Agomab”), a clinical-stage biopharmaceutical company focused on developing novel disease-modifying therapies for immunology and inflammatory diseases, with an initial focus on chronic fibrotic indications with high unmet medical need, today announced the pricing of its initial public offering of 12,500,000 American Depositary Shares (“ADSs”) representing 12,500,000 of its common shares, at a public offering price of $16.00 per ADS. The gross proceeds to Agomab from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be $200.0 million. All of the ADSs are being offered by Agomab. In addition, Agomab has granted the underwriters a 30-day option to buy an additional 1,875,000 ADSs at the initial public offering price, less underwriting discounts and commissions.
The ADSs are expected to begin trading on the Nasdaq Global Select Market on February 6, 2026, under the ticker symbol “AGMB”. The offering is expected to close on February 9, 2026, subject to the satisfaction of customary closing conditions.
J.P. Morgan, Morgan Stanley, Leerink Partners and Van Lanschot Kempen are acting as joint book-running managers for the offering.
A registration statement relating to this offering has been filed with the Securities and Exchange Commission and was declared effective on January 30, 2026. The offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from:
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected] and [email protected]; Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by email at [email protected]; Leerink Partners LLC, Attention: Syndicate Department, 53 State Street, 40th Floor, Boston, Massachusetts 02109, by telephone at (800) 808-7525, ext. 6105, or by email at [email protected]; and Van Lanschot Kempen (USA) Inc., 880 Third Avenue, 17th floor, New York, New York 10022, or by email at [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.
No public offering will be made and no one has taken any action that would, or is intended to, permit a public offering in any country or jurisdiction, other than the United States, where any such action is required, including in Belgium. The transaction to which this press release relates will only be available to, and will be engaged in only with, in member states of the European Economic Area (including Belgium), persons falling within the meaning of Article 2(e) of Regulation (EU) 2017/1129 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and in the United Kingdom, investment professionals falling within article 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), persons falling within article 49 (2), (a) to (d) of the Order and other persons to whom it may lawfully be communicated.
About Agomab
Agomab is a clinical-stage biopharmaceutical company focused on developing novel disease-modifying therapies for immunology and inflammatory diseases, with an initial focus on chronic fibrotic indications with high unmet medical need. Agomab’s product candidates are designed to target established pathways and utilize validated modalities with the aim of increasing efficacy while avoiding systemic toxicities in order to overcome the limitations of prior therapeutic approaches. Agomab’s mission is to develop disease-modifying therapeutics that aim to resolve fibrosis and restore organ function to enable patients with these disorders to live fuller and healthier lives.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain disclosures that contain “forward-looking statements,” including, without limitation, statements regarding Agomab’s expectations regarding the commencement of trading of its ADSs on the Nasdaq Global Select Market, the completion and timing of the closing of the offering and the anticipated gross proceeds from the offering. Forward-looking statements are based on Agomab’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Factors that could cause actual results to differ include, but are not limited to, risks and uncertainties related to the satisfaction of customary closing conditions and the completion of the offering, and the risks inherent in biopharmaceutical product development. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” section of the registration statement filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Agomab undertakes no duty to update such information except as required under applicable law. Readers should not rely upon the information on this page as current or accurate after its publication date.
Contacts
Investors
Sofie Van Gijsel
VP of Investor Relations
E-Mail: [email protected]
Phone: +1 781 296 1143
Media
Stephanie May or Joe Rayne
Trophic Communications
E-Mail: [email protected]
Phone: +49 171 1855682