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Latham & Watkins Advises on UroGen’s US$120 Million Private Placement of Ordinary Shares

July 31, 2023
Firm represented the placement agents in the private placement.

UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, has announced that it has entered into a definitive securities purchase agreement in connection with a private placement to selected institutional and accredited investors. UroGen expects to receive gross proceeds of approximately US$120 million, before deducting placement agent commissions and other offering expenses.

Latham & Watkins LLP represented the placement agents in the transaction with a capital markets team led by New York partner Nathan Ajiashvili and London/Tel Aviv counsel Michael Rosenberg, with New York associates Sandy Kugbei and Alex Gulino.