Zentalis Pharmaceuticals’ $200.2 Million Common Stock Offering

Latham & Watkins represented Zentalis Pharmaceuticals in the transaction.

Zentalis Pharmaceuticals, Inc. (Nasdaq: ZNTL), a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers, has announced the pricing of an underwritten offering of 10,330,000 shares of its common stock at an offering price of US$19.38 per share, for total gross proceeds of approximately US$200.2 million, before deducting underwriting discounts and commissions and offering expenses payable by Zentalis. All of the common stock is being offered by Zentalis.

Morgan Stanley & Co. LLC, Jefferies LLC, and SVB Securities LLC acted as representatives of the underwriters for the offering.

Latham & Watkins LLP represented Zentalis Pharmaceuticals, Inc. in the offering with a corporate team led by partner Nathan Ajiashvili (Picture), with associates Salvatore Vanchieri, Matt DeSilva, and Darby Dietrich. Advice was also provided on public company representation matters led by partner Jenna Cooper, with associates Nicole McNeil and Hamna Ahmad.

Involved fees earner: Hamna Ahmad – Latham & Watkins; Nathan Ajiashvili – Latham & Watkins; Jenna Cooper – Latham & Watkins; Matthew DeSilva – Latham & Watkins; Darby Dietrich – Latham & Watkins; Nicole McNeil – Latham & Watkins; Salvatore Vanchieri – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Zentalis Pharmaceuticals;