Anteris Technologies Global Corp. (“ATGC” or “Anteris”) is
pleased to announce the closing of its initial public offering of
14,800,000 shares of its common stock (the “Common Stock”) in the
U.S. at a price of $6.00 per share (the “Offering”). An additional
2,220,000 shares of Common Stock are issuable pursuant to the
underwriters’ option to purchase additional shares of Common Stock
from ATGC (the “Green Shoe”), if exercised in full. ATGC’s Common
Stock is listed on the Nasdaq Global Market (“NASDAQ”) from
December 13, 2024, trading under the ticker symbol “AVR.”
The aggregate gross proceeds to ATGC from the Offering were
approximately $88.8 million ($A 138.4 million) prior to
underwriting discounts, commissions and other estimated offering
expenses. If the underwriters exercise the Green Shoe in full, ATGC
will receive an additional approximately $13.3 million prior to
underwriting discounts and commissions.
TD Cowen, Barclays and Cantor acted as joint book-running
managers for the Offering, with Lake Street Capital Markets as lead
manager.
On December 17, 2024, ATGC will list its CHESS Depositary
Interests (“CDIs”) (representing underlying shares of Common Stock
on a 1 CDI-for-1 share of Common Stock basis) on the ASX under the
ticker symbol “AVR.”
Anteris currently intends to use the net proceeds from the
Offering, together with its existing cash and cash equivalents,
primarily for the ongoing development of its DurAVR® transcatheter
heart valve (“DurAVR® THV”) and the preparation and enrolment of a
randomized global pivotal study of DurAVR® THV for treating severe
aortic stenosis, with the remaining for working capital and other
general corporate purposes determined from time to time, including
the repayment of amounts owed under its convertible note
facility.
A registration statement relating to the Common Stock issued in
the Offering was declared effective by the U.S. Securities and
Exchange Commission (the “SEC”) on December 12, 2024. A final
prospectus relating to the Offering was filed with the SEC on
December 13, 2024. This press release is for informational purposes
only and does not constitute an offer to sell or the solicitation
of an offer to buy any securities, and shall not constitute an
offer, solicitation or sale of 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.
The Offering was and is being made only by means of a
prospectus. Copies of the final prospectus relating to the Offering
may be obtained from: TD Securities (USA) LLC, 1 Vanderbilt Avenue,
New York, New York 10017, by telephone at (855) 495-9846 or by
e-mail at TD.ECM_Prospectus@tdsecurities.com; Barclays Capital
Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue
Edgewood, NY 11717, by telephone at (888) 603-5847 or by e-mail at
Barclaysprospectus@broadridge.com; or Cantor Fitzgerald & Co.,
110 East 59th Street, 6th Floor, New York, NY 10022, by telephone
at (212) 915-1800 or by e-mail at prospectus@cantor.com.
About Anteris Technologies Global Corp. (NASDAQ: AVR, ASX:
AVR)
Anteris Technologies Global Corp. (NASDAQ: AVR, ASX: AVR) is a
global structural heart company committed to designing, developing,
and commercializing cutting-edge medical devices to restore healthy
heart function. Founded in Australia, with a significant presence
in Minneapolis, USA (a MedTech hub), Anteris is a science-driven
company with an experienced team of multidisciplinary professionals
delivering restorative solutions to structural heart disease
patients.
Anteris’ lead product, the DurAVR® Transcatheter Heart Valve
(“THV”), was designed in partnership with the world’s leading
interventional cardiologists and cardiac surgeons to treat aortic
stenosis – a potentially life-threatening condition resulting from
the narrowing of the aortic valve. The balloon-expandable DurAVR®
THV is the first biomimetic valve, which is shaped to mimic the
performance of a healthy human aortic valve and aims to replicate
normal aortic blood flow.
DurAVR® THV is made using a single piece of molded ADAPT®
tissue, Anteris’ patented anti-calcification tissue technology.
ADAPT® tissue, which is FDA-cleared, has been used clinically for
over 10 years and distributed for use in over 55,000 patients
worldwide.
The DurAVR® THV System is comprised of the DurAVR® valve, the
ADAPT® tissue, and the balloon-expandable ComASUR® Delivery
System.
Forward-Looking Statements
This press release contains forward-looking statements.
Forward-looking statements include all statements that are not
historical facts. Forward-looking statements generally are
identified by the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “intend,” “budget,” “target,” “aim,”
“strategy,” “plan,” “guidance,” “outlook,” “intend,” “may,”
“should,” “could,” “will,” “would,” “will be,” “will continue,”
“will likely result” and similar expressions, although not all
forward-looking statements contain these identifying words.
Forward-looking statements include the anticipated use of the net
proceeds of the Offering, the listing of the CDIs on the ASX and
Anteris’ pivotal study. These forward-looking statements are
subject to a number of risks, uncertainties, and assumptions,
including those described under “Risk Factors” in ATGC’s
registration statement relating to the Offering. Readers are
cautioned not to put undue reliance on forward-looking statements,
and except as required by law, neither ATGC or Anteris assume any
obligation to update any of these forward-looking statements to
conform these statements to actual results or revised
expectations.
Authorization and Additional information
This press release was authorized by the Board of Directors of
Anteris Technologies Global Corp.
Website
www.anteristech.com
X
@AnterisTech
Facebook
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LinkedIn
https://www.linkedin.com/company/anteristech
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version on businesswire.com: https://www.businesswire.com/news/home/20241216426257/en/
Investor Relations investors@anteristech.com Anteris
Technologies Global Corp. +61 1300 550 310 | +61 7 3152 3200
Investor Relations (US) Malini Chatterjee, Ph.D. Managing
Director Blueprint Life Science Group +1 917 330 4269
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