Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Sana Biotechnology raises $69M via ATM share sale, extending cash runway to mid-2027.

Company Fundamentals
15 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Sana Biotechnology sold about 21.6 million shares through its at-the-market (ATM) facility, raising approximately $69 million in net proceeds. This capital raise, combined with a separate $25 million investment from Mayo Clinic, totals around $94 million raised since Q1 2026. The funds extend Sana's expected cash runway to mid-2027, supporting its ongoing development of engineered cell therapies. The shares were sold under an SEC-registered shelf offering, reflecting the company's strategy to maintain financial flexibility for its research and clinical programs.

More News (SANA)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App