tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Centessa Pharmaceuticals Announces Underwriting Agreement for ADS Offering

Story Highlights
Centessa Pharmaceuticals Announces Underwriting Agreement for ADS Offering

TipRanks Black Friday Sale

An announcement from Centessa Pharmaceuticals ( (CNTA) ) is now available.

On November 11, 2025, Centessa Pharmaceuticals announced an underwriting agreement to issue and sell 11,627,907 American Depositary Shares (ADSs) at $21.50 per share, with an option for underwriters to purchase an additional 1,744,186 ADSs. The offering is expected to close on November 14, 2025, and aims to raise approximately $234.4 million, potentially increasing to $269.6 million if the over-allotment option is exercised. The proceeds will fund the development of product candidates and general corporate purposes, potentially supporting operations until 2028. This move is part of Centessa’s strategy to bolster its financial resources for ongoing and future projects, thereby strengthening its position in the pharmaceutical industry.

The most recent analyst rating on (CNTA) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Centessa Pharmaceuticals stock, see the CNTA Stock Forecast page.

Spark’s Take on CNTA Stock

According to Spark, TipRanks’ AI Analyst, CNTA is a Underperform.

Centessa Pharmaceuticals has a low overall stock score due to significant financial challenges, including ongoing losses, negative cash flow, and a bearish technical outlook. The lack of profitability reflected in the negative P/E ratio further contributes to the low score. Investors should be cautious, considering the company’s need for additional funding to sustain operations in the capital-intensive biotechnology industry.

To see Spark’s full report on CNTA stock, click here.

More about Centessa Pharmaceuticals

Centessa Pharmaceuticals plc is a clinical-stage pharmaceutical company focused on discovering and developing transformational medicines. The company is pioneering therapies within its orexin receptor 2 (OX2R) agonist program, targeting symptoms such as excessive daytime sleepiness, impaired attention, cognitive deficits, and fatigue across neurological, neurodegenerative, and neuropsychiatric disorders.

Average Trading Volume: 1,400,546

Technical Sentiment Signal: Buy

Current Market Cap: $3.59B

For detailed information about CNTA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1