LAVA Therapeutics

• LAVA Therapeutics raised USD 101 million in its Initial Public Offering on Nasdaq
• A total of 6,700,000 common shares were offered at an offer price of USD 15.00 per share (excluding the underwriters’ 30-day option to purchase up to an additional 1,005,000 common shares at the initial public offering price) 
• Proceeds of this transaction will be used to advance lead program LAVA-051 for the treatment of multiple myeloma, chronic lymphocytic leukaemia, and acute myeloid leukaemia and to advance the development of LAVA 206x207 for the treatment of metastatic castrate-resistant prostate cancer
• We take great pride in having supported LAVA Therapeutics in their US Nasdaq IPO trajectory which marks the 11th life sciences & healthcare equity capital markets transaction by Kempen & Co year-to-date 

LAVA Therapeutics is a Dutch biotech company focusing on gamma-delta t cell engagers to transform cancer therapy. Their platform generates therapeutics that specifically activate a unique and relatively abundant effector gamma-delta T cell subset called Vγ9Vδ2 T cells that have the ability to trigger activity of immune cells of both the innate and adaptive immune system. Their lead program, LAVA-051, targets the tumour specific antigen CD1d, which can be overexpressed in multiple myeloma, chronic lymphocytic leukaemia, and acute myeloid leukaemia, among other tumour types. 

In the last twelve months, Kempen & Co has successfully completed a large number of transactions in its Life Sciences & Healthcare franchise. Recent transactions include:

• Joint Bookrunner in the USD 120 million Nasdaq Initial Public Offering of European Biotech Acquisition Corp (EBAC)
• Joint Bookrunner in the SEK 1.1 billion capital increase by Oncopeptides
• Joint Global Coordinator and Joint Bookrunner in the SEK 962 million Capital Increase by BioInvent
• Joint Global Coordinator and Joint Bookrunner in the €22.5 million Capital Increase by Sequana Medical
• Co-Manager in the USD 115 million US Public Offering by Y-mAbs Therapeutics
• Co-Manager in the USD 115 million US Public Offering by Autolus Therapeutics
• Co-Manager in the USD 190 million Nasdaq Initial Public Offering by Pharvaris
• Bookrunner in the USD 518 million US Public Offering by CureVac
• Lead Manager in the USD 120 million US Public Offering by Merus 
• Financial Adviser to DCprime in its merger with Immunicum 
• Joint Bookrunner in the SEK 564 million Capital Increase by Cantargia
• Sole Financial Adviser in the sale of Galapagos’ service operation, Fidelta, to Selvita for a total consideration of €31.2 million
• Placement Agent in Investinor’s Secondary Sell-Down of c. 4 million shares in Calliditas Therapeutics
• Lead Manager in the USD 95.1 million Nasdaq Initial Public Offering by Galecto
• Joint Bookrunner in the €31.0 million Capital Increase by Sensorion
• Bookrunner in the USD 245 million Nasdaq Initial Public Offering by Curevac
• Co-Manager in the USD 49.0 million US Public Offering by Centogene
• Joint Bookrunner in the SEK 1.11 billion Capital Increase by Hansa Biopharma
• Joint Bookrunner in the CHF 80.2 million Capital Increase by Molecular Partners
• Co-Manager in the USD 690 million US Public Offering by Ascendis Pharma
• Financial advisor in Immatics’ business combination with Arya Sciences Acquisition Corp, thereby becoming a Nasdaq listed company and securing USD 253 million
• Joint Global Coordinator and Joint Bookrunner in the €61.8 million Initial Public Offering by Hyloris Pharmaceuticals
• Joint Bookrunner in the €20.0 million Capital Increase by Oryzon Genomics
• Joint Global Coordinator and Joint Bookrunner in the SEK 487 million Capital Increase by BioInvent
• Joint Global Coordinator and Joint Bookrunner in the c. SEK 400 million Capital Increase by Immunovia
• Co-Manager in the USD 862 million Global Offering by Argenx
• Joint Bookrunner in the SEK 1.41 billion Capital Increase by Oncopeptides