NewAmsterdam Pharma Announces Closing of Upsized Secondary Offering of Ordinary Shares

NAARDEN, The Netherlands and MIAMI, June 09, 2023 (GLOBE NEWSWIRE) -- NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS; “NewAmsterdam” or the “Company”), a clinical-stage biopharmaceutical company developing oral, non-statin medicines for patients at high risk of cardiovascular disease with residual elevation of low-density lipoprotein cholesterol, for whom existing therapies are not sufficiently effective or well-tolerated, today announced the closing of the previously announced underwritten public offering of 15,787,695 of the Company’s ordinary shares, with a nominal value of €0.12 per share (“Ordinary Shares,” such offering, the “Offering”) by certain of the Company’s existing shareholders, including affiliates of Forbion (collectively, the “Selling Shareholders”), at a public offering price of $11.50 per share, which included a partial exercise of the underwriters’ option to purchase additional Ordinary Shares, granted to the underwriters by certain of the Selling Shareholders. The Company did not receive any proceeds from the Offering.

Jefferies and SVB Securities acted as joint book-running managers for the Offering.

The Offering was made pursuant to a registration statement on Form F-1, including a base prospectus, that was initially declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 30, 2023, as amended by the Post-Effective Amendment No. 1 to the Form F-1, declared effective by the SEC on April 24, 2023. A final prospectus supplement and accompanying prospectus relating to and describing the terms of the Offering were filed with the SEC and are available free of charge by visiting EDGAR on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus may also be obtained free of charge from: Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, Telephone: [phone], Email: [e-mail] or SVB Securities, Attn: Syndicate Department, 53 State Street, 40th Floor, Boston, MA 02109, Telephone: [phone], ext. 6105, Email: [e-mail].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.