MiNK Therapeutics Announces Closing of Initial Public Offering

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) — MiNK Therapeutics, a clinical-stage biopharmaceutical company pioneering the discovery, development, and commercialization of allogeneic, off-the-shelf, invariant natural killer T (iNKT) cell therapies to treat cancer and other immune-mediated diseases, today announced the closing of its previously announced initial public offering of 3,333,334 shares of its common stock at a public offering price of $12.00 per share. All of the shares were offered by MiNK. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $40.0 million. The shares began trading on the Nasdaq Global Market on October 15, 2023 under the ticker symbol “INKT”.