Abivax Announces Full Exercise of Underwriters' Option to Purchase Additional ADSs, Bringing Gross Proceeds of Offering to $747.5M (€637.5M)
1. Abivax raised $747.5 million from ADS offering. 2. Additional ADS purchase option fully exercised by underwriters. 3. Application of proceeds will be on a pro-rata basis. 4. Obefazimod (ABX464) is in Phase 3 trials for ulcerative colitis. 5. No stabilization activities reported during offering period.