INV4
11月前
SAB BIO Announces Oversubscribed $175 Million Private Placement
July 21, 2025
Participation from strategic investor Sanofi, along with new investors RA Capital Management, Commodore Capital, Vivo Capital, Blackstone Multi-Asset Investing, Spruce Street Capital, Forge Life Science Partners and Woodline Partners LP, and existing investors Sessa Capital, the T1D Fund, and ATW Partners
Proceeds expected to fully fund completion of pivotal Phase 2b SAFEGUARD study evaluating SAB-142 for delaying progression of autoimmune T1D in newly diagnosed T1D patients (Stage 3)
Company expects proceeds to extend cash runway into the middle of 2028
Potential for up to an additional $284 million of gross proceeds if milestone-based warrants exercised in full
MIAMI, July 21, 2025 (GLOBE NEWSWIRE) -- SAB BIO (Nasdaq: SABS), (“SAB BIO” or the “Company”), a clinical-stage biopharmaceutical company with a novel immunotherapy platform that is developing human anti-thymocyte immunoglobulin (hIgG) for delaying progression of autoimmune type 1 diabetes (T1D) in newly diagnosed autoimmune T1D patients, today announced that it has entered into a securities purchase agreement (the “Agreement”) with certain accredited and institutional investors to raise $175 million upfront in gross proceeds in an oversubscribed private placement financing.
The private placement includes participation from strategic investor Sanofi, along with new investors RA Capital Management, Commodore Capital, Vivo Capital, Blackstone Multi-Asset Investing, Spruce Street Capital, Forge Life Science Partners and Woodline Partners LP, and existing investors Sessa Capital, the T1D Fund, and ATW Partners.
Pursuant to the terms of the Agreement, SAB BIO will issue an aggregate of up to 1,000,000 shares of the Company’s Series B nonvoting convertible preferred stock, which are convertible into up to an aggregate of 100,000,000 shares of the Company’s common stock at a conversion price of $1.75 per share. In addition, the Company will issue warrants to purchase up to an aggregate of 1,500,000 shares of the Company’s Series B preferred stock, for up to an additional $284 million in gross proceeds if exercised in full. The private placement is expected to close on or about July 22, 2025, subject to customary closing conditions. Further information regarding the private placement can be found in the Company’s filings with the Securities and Exchange Commission, including a current report on Form 8-K which is expected to be filed on or about July 21, 2025.
SAB BIO intends to use the net proceeds from the private placement to fully fund the Phase 2b SAFEGUARD study of SAB-142 in Stage 3 autoimmune T1D, and for working capital and general corporate purposes. The proceeds from the private placement combined with the Company’s current cash and cash equivalents are expected to extend its cash runway into the middle of 2028.
Leerink Partners is acting as lead placement agent for the private placement. UBS Investment Bank, Chardan and Oppenheimer & Co. are acting as joint placement agents.
The securities to be issued in the financing described above are being offered in a transaction not involving a public offering and have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the common shares, nor shall there be any sale of the common shares in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About SAB BIO
SAB BIO is a clinical-stage biopharmaceutical company focused on developing human, multi-specific, high-potency immunoglobulins (IgGs), without the need for human donors or convalescent plasma, to treat and prevent immune and autoimmune disorders. The Company’s lead asset, SAB-142, targets autoimmune T1D with a disease-modifying therapeutic approach that aims to change the T1D treatment paradigm by delaying onset and potentially preventing disease progression. Using advanced genetic engineering and antibody science to develop Transchromosomic (Tc) Bovine™, the only transgenic animal with a human artificial chromosome, SAB BIO’s drug development production system is able to generate a diverse repertoire of specifically targeted, high-potency, human IgGs that can address a wide range of serious unmet needs in human diseases without the need for convalescent plasma or human donors.
https://finance.yahoo.com/news/sab-bio-announces-oversubscribed-175-113000201.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAAFI21gqFRGb8lWjqpFr1pa-32Lhd0-m92oYLYeMFi8sy_R8FkwReajMj2K4i8EPFc9B4LlcmhFDM_ryrmO6vbaMzUV17zlDw-8oYGAtRh68UCXe2mdwuvQjFlkcbuuW0FlrIFO5lv99bWzfyEzWNBCWPX8-M0PMWfjYimaMchMDW
$SABS
XenaLives
4年前
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date Short Interest Percent Change
Average Daily Share Volume Days to Cover
04/29/2022 265,130 3.69 81,665 3.25
04/14/2022 255,684 (12.79) 228,946 1.12
03/31/2022 293,187 (6.75) 738,191 1.00
03/15/2022 314,404 (29.98) 157,964 1.99
02/28/2022 448,992 (5.86) 58,365 7.69
02/15/2022 476,960 (0.10) 52,712 9.05
01/31/2022 477,414 19.75 101,581 4.70
01/14/2022 398,689 (26.89) 116,486 3.42
12/31/2021 545,364 161.07 394,602 1.38
12/15/2021 208,899 6.06 315,978 1.00
11/30/2021 196,960 11.21 424,546 1.00
11/15/2021 177,107 2124.40 808,889 1.00
10/29/2021 7,962 (83.75) 1,857,416 1.00
10/15/2021 49,012 233.69 352,134 1.00
09/30/2021 14,688 (25.95) 119,242 1.00
09/15/2021 19,834 26.07 16,674 1.19
08/31/2021 15,733 (11.53) 18,667 1.00
08/13/2021 17,784 (52.59) 26,087 1.00
07/30/2021 37,510 (51.73) 21,437 1.75
07/15/2021 77,706 904.34 59,460 1.31
06/30/2021 7,737 (32.19) 29,894 1.00
06/15/2021 11,409 (64.02) 8,295 1.38
05/28/2021 31,708 270.85 7,999 3.96
05/14/2021 8,550 (16.24) 27,827 1.00
04/30/2021 10,208 11.62 89,060 1.00
04/15/2021 9,145 495.77 6,454 1.42
03/31/2021 1,535 148.78 65,155 1.00
03/15/2021 617 (99.39) 52,716 1.00
02/26/2021 101,294 12853.20 100,564 1.01
02/12/2021 782 22,705 1.00
XenaLives
4年前
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date Short Interest Percent Change
Average Daily Share Volume Days to Cover
02/28/2022 448,992 (5.86) 58,365 7.69
02/15/2022 476,960 (0.10) 52,712 9.05
01/31/2022 477,414 19.75 101,581 4.70
01/14/2022 398,689 (26.89) 116,486 3.42
12/31/2021 545,364 161.07 394,602 1.38
12/15/2021 789,079 (37.70) 809,014 1.00
11/30/2021 1,266,672 (30.75) 737,652 1.72
11/15/2021 177,107 2124.40 808,889 1.00
10/29/2021 7,962 (83.75) 1,857,416 1.00
10/15/2021 49,012 233.69 352,134 1.00
09/30/2021 14,688 (25.95) 119,242 1.00
09/15/2021 19,834 26.07 16,674 1.19
08/31/2021 15,733 (11.53) 18,667 1.00
08/13/2021 17,784 (52.59) 26,087 1.00
07/30/2021 37,510 (51.73) 21,437 1.75
07/15/2021 77,706 904.34 59,460 1.31
06/30/2021 7,737 (32.19) 29,894 1.00
06/15/2021 11,409 (64.02) 8,295 1.38
05/28/2021 31,708 270.85 7,999 3.96
05/14/2021 8,550 (16.24) 27,827 1.00
04/30/2021 10,208 11.62 89,060 1.00
04/15/2021 9,145 495.77 6,454 1.42
03/31/2021 1,535 148.78 65,155 1.00
03/15/2021 617 (99.39) 52,716 1.00
02/26/2021 101,294 12853.20 100,564 1.01
02/12/2021 782 22,705 1.00
XenaLives
4年前
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date Short Interest Percent Change
Average Daily Share Volume Days to Cover
01/14/2022 398,689 (26.89) 116,486 3.42
12/31/2021 545,364 161.07 394,602 1.38
12/15/2021 789,079 (37.70) 809,014 1.00
11/30/2021 1,266,672 (30.75) 737,652 1.72
11/15/2021 177,107 2124.40 808,889 1.00
10/29/2021 7,962 (83.75)1,857,416 1.00
10/15/2021 49,012 233.69 352,134 1.00
09/30/2021 14,688 (25.95) 119,242 1.00
09/15/2021 19,834 26.07 16,674 1.19
08/31/2021 15,733 (11.53) 18,667 1.00
08/13/2021 17,784 (52.59) 26,087 1.00
07/30/2021 37,510 (51.73) 21,437 1.75
07/15/2021 77,706 904.34 59,460 1.31
06/30/2021 7,737 (32.19) 29,894 1.00
06/15/2021 11,409 (64.02) 8,295 1.38
05/28/2021 31,708 270.85 7,999 3.96
05/14/2021 8,550 (16.24) 27,827 1.00
04/30/2021 10,208 11.62 89,060 1.00
04/15/2021 9,145 495.77 6,454 1.42
03/31/2021 1,535 148.78 65,155 1.00
03/15/2021 617 (99.39) 52,716 1.00
02/26/2021 101,294 12853.20 100,564 1.01
02/12/2021 782 22,705 1.00
XenaLives
4年前
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date Short Interest Percent Change
Average Daily Share Volume Days to Cover
12/15/2021 789,079 (37.70) 809,014 1.00
11/30/2021 1,266,672 (30.75) 737,652 1.72
11/15/2021 177,107 2124.40 808,889 1.00
10/29/2021 7,962 (83.75) 1,857,416 1.00
10/15/2021 49,012 233.69 352,134 1.00
09/30/2021 14,688 (25.95) 119,242 1.00
09/15/2021 19,834 26.07 16,674 1.19
08/31/2021 15,733 (11.53) 18,667 1.00
08/13/2021 17,784 (52.59) 26,087 1.00
07/30/2021 37,510 (51.73) 21,437 1.75
07/15/2021 77,706 904.34 59,460 1.31
06/30/2021 7,737 (32.19) 29,894 1.00
06/15/2021 11,409 (64.02) 8,295 1.38
05/28/2021 31,708 270.85 7,999 3.96
05/14/2021 8,550 (16.24) 27,827 1.00
04/30/2021 10,208 11.62 89,060 1.00
04/15/2021 9,145 495.77 6,454 1.42
03/31/2021 1,535 148.78 65,155 1.00
03/15/2021 617 (99.39) 52,716 1.00
02/26/2021 101,294 12853.20 100,564 1.01
02/12/2021 782 22,705 1.00
XenaLives
5年前
Historic short interest:
You can go to this link to check short interest in a stock:
http://nasdaqtrader.com/Trader.aspx?id=ShortInterest
Publication schedule is here:
http://nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
Settlement Date Short Interest Percent Change
Average Daily Share Volume Days to Cover
11/15/2021 177,107 2124.40 808,889 1.00
10/29/2021 7,962 (83.75) 1,857,416 1.00
10/15/2021 49,012 233.69 352,134 1.00
09/30/2021 14,688 (25.95) 119,242 1.00
09/15/2021 19,834 26.07 16,674 1.19
08/31/2021 15,733 (11.53) 18,667 1.00
08/13/2021 17,784 (52.59) 26,087 1.00
07/30/2021 37,510 (51.73) 21,437 1.75
07/15/2021 77,706 904.34 59,460 1.31
06/30/2021 7,737 (32.19) 29,894 1.00
06/15/2021 11,409 (64.02) 8,295 1.38
05/28/2021 31,708 270.85 7,999 3.96
05/14/2021 8,550 (16.24) 27,827 1.00
04/30/2021 10,208 11.62 89,060 1.00
04/15/2021 9,145 495.77 6,454 1.42
03/31/2021 1,535 148.78 65,155 1.00
03/15/2021 617 (99.39) 52,716 1.00
02/26/2021 101,294 12853.20 100,564 1.01
02/12/2021 782 22,705 1.00
XenaLives
5年前
Big Cypress Acquisition Corp Announces Special Meeting of Stockholders to Approve Business Combination with SAB Biotherapeutics
Registration Statement on Form S-4 Has Been Declared Effective by Securities and Exchange Commission
Stockholder Vote Scheduled for October 20, 2021
NEWS PROVIDED BY
Big Cypress Acquisition Corp
Sep 23, 2021, 07:00 ET
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MIAMI, Sept. 23, 2021 /PRNewswire/ -- Big Cypress Acquisition Corp (NASDAQ: BCYP), (Big Cypress) a publicly-traded special purpose acquisition company focused on innovative biopharmaceutical firms, today announced that it will hold a Special Meeting of stockholders (the "Special Meeting") to, among other matters, allow its stockholders to approve the proposed business combination (the "Business Combination") with SAB Biotherapeutics, Inc., (SAB), a clinical-stage biopharmaceutical company developing a novel immunotherapy platform producing targeted, high potency, fully-human polyclonal antibody therapeutics and advancing programs in infectious disease, immune system disorders and oncology. On September 22, 2021, the Securities and Exchange Commission ("SEC") declared effective Big Cypress' registration statement on Form S-4 (as amended, the "Registration Statement"), which includes a definitive proxy statement in connection with the Special Meeting of Big Cypress' stockholders. Big Cypress and SAB entered into a definitive agreement relating to the business combination on June 22, 2021, that would result in SAB becoming a public company upon the closing of the transaction.
The Special Meeting is scheduled to be held on October 20, 2021, at 10:00 a.m., Eastern Time, and will be conducted virtually via live webcast. Holders of record of Big Cypress' common stock at the close of business on the record date of September 17, 2021, may vote at the Special Meeting.
Upon the closing of the business combination, the combined company will be named SAB Biotherapeutics, Inc. (the "Combined Company"). The parties expect that the Combined Company's common stock and warrants will be listed on the Nasdaq Stock Exchange under the ticker symbols "DIVR" and "DIVRW," respectively.
Big Cypress stockholders who need assistance voting or have questions regarding the Special Meeting may contact Big Cypress' proxy solicitor, Kingsdale Advisors, by telephone toll-free at (800) 775-1986 or by email at contactus@kingsdaleadvisors.com. Banks and brokerage firms may call (416) 867-2272.
About Big Cypress Acquisition Corp.
Big Cypress Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses with a focus within the life sciences industry. Big Cypress is led by Chief Executive Officer, Chief Financial Officer and Director Samuel J. Reich. For more information, visit www.bigcypressaccorp.com.
About SAB Biotherapeutics, Inc.
SAB Biotherapeutics, Inc. (SAB) is a clinical-stage, biopharmaceutical company advancing a new class of immunotherapies leveraging fully-human polyclonal antibodies. SAB has applied advanced genetic engineering and antibody science to develop transchromosomic (Tc) Bovine™ herds that produce fully-human antibodies targeted at specific diseases, including infectious diseases such as COVID-19 and influenza, immune system disorders including type 1 diabetes and organ transplantation, and cancer. SAB's versatile DiversitAb™ platform is applicable to a wide range of serious unmet needs in human diseases. It produces natural, specifically targeted, high-potency, human polyclonal immunotherapies. SAB is currently advancing multiple clinical programs and has a number of collaborations with the US government and global pharmaceutical companies. For more information on SAB, visit: www.sabbiotherapeutics.com and follow @SABBantibody on Twitter.
Forward-Looking Statements
Certain statements made herein that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future events, the development of SAB-185, and the proposed business combination between Big Cypress and SAB. These statements are based on the current expectations of SAB and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict, will differ from assumption and are beyond the control of SAB.
https://www.prnewswire.com/news-releases/big-cypress-acquisition-corp-announces-special-meeting-of-stockholders-to-approve-business-combination-with-sab-biotherapeutics-301383620.html
XenaLives
5年前
SABS: Engineered Immunity
Corporate Profile
SAB Biotherapeutics is a clinical-stage biopharmaceutical company leveraging its novel DiversitAb™ platform to produce a new class of specifically targeted, high-potency, fully-human polyclonal antibodies without the need for human donors. By harnessing the native human antibody immune response, SAB’s platform enables a scalable and reliable production of these highly-efficacious polyclonal therapies with the potential to address the emergence, mutation, and diversity of modern health challenges including COVID-19, seasonal influenza, Type 1 diabetes, and cancers. The Company’s lead product candidates include SAB-185, a fully-human polyclonal antibody therapeutic for the treatment of COVID-19 advancing as part of the NIH’s ACTIV-2 protocol, and SAB-176, a multivalent, broadly neutralizing fully-human polyclonal antibody therapeutic candidate designed to bind to Type A and B viruses. Additional pre-clinical product candidates are in development for autoimmune diseases, including SAB-142 for Type 1 Diabetes and organ transplant induction/rejection, and SAB-181 for immune globulin (IgG) mediated diseases.
https://ir.sabbiotherapeutics.com/