Ambrx Biopharma

General Information
Business:

We are a clinical-stage biologics company focused on discovering and developing a novel class of engineered precision biologics (EPBs), using our proprietary expanded genetic code technology platform that allows us to incorporate, in a site-specific manner, synthetic amino acids (SAAs) into proteins within living cells. Our product candidates are designed to overcome the inherent limitations of conventional conjugation approaches that use natural amino acids for non-site-specific conjugation, offering potential safety and efficacy benefits to treat patients across multiple therapeutic areas. We believe that our technology allows us to engineer a single optimized structure by designing the conjugation chemistries, selecting the precise number of amino acids and conjugation positions in the protein, and expanding the types of payloads that can be conjugated.

(Note: This is an IPO of American Depositary Shares (ADS). Each ADS represents seven ordinary shares. Ambrx Biopharma is incorporated in the Cayman Islands and headquartered in California. As of Dec. 31, 2020, we owned approximately 89% of Shanghai Ambrx Biomedical Co., Ltd., a limited liability company organized and existing under the laws of the People’s Republic of China (Ambrx Shanghai). As of the same date, Ambrx Shanghai owned 100% of Biolaxy Pharmaceutical Hong Kong Limited, a company incorporated in Hong Kong (Ambrx HK); Ambrx HK owned 100% of Ambrx US, and Ambrx US owned 100% of Ambrx Australia Pty Limited, a company incorporated in Australia (Ambrx AU).)

(Note: Ambrx Biopharma priced its IPO on June 17, 2021, at $18 – the mid-point of its $17-to-$19 range – on 7 million ADS, the same number in the prospectus, to raise $126 million.)

Industry: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES)
Employees: 70
Founded: 2003
Contact Information
Address 10975 North Torrey Pines Road, La Jolla, CA 92037, USA
Phone Number (858) 875-2400
Web Address http://www.ambrx.com/
View Prospectus: Ambrx Biopharma
Financial Information
Market Cap $678.06mil
Revenues $13.7 mil (last 12 months)
Net Income $-16.5 mil (last 12 months)
IPO Profile
Symbol AMAM
Exchange NYSE
Shares (millions): 7.0
Price range $18.00 - $18.00
Est. $ Volume $126.0 mil
Manager / Joint Managers Goldman Sachs/ BofA Securities/ Cowen
CO-Managers -
Expected To Trade: 6/18/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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