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Kramer Levin Completes Follow-on Equity Offering for Sorrento Therapeutics Inc.

April 20, 2017

Kramer Levin represented Cantor Fitzgerald & Co., as the Lead Book-Running Manager, in a shelf takedown for 23,625,084 shares of the common stock of Sorrento Therapeutics Inc., a clinical-stage biopharmaceutical company. The offering included the option for certain underwriters to purchase up to an aggregate of 3,543,763 additional shares.

The Kramer Levin team consisted of Corporate partners Richard E. Farley and Christopher S. Auguste, and associates Jenny R. Leon and Joel Pietrzak.

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