Mesoblast Successfully Completes Placement and Accelerated Entitlement Offer

March 13, 2024

https://www.globenewswire.com/news-release/2024/03/13/2845924/0/en/Mesoblast-Successfully-Completes-Placement-and-Accelerated-Entitlement-Offer.html

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced it has received firm commitments to complete its pro-rata accelerated non-renounceable entitlement offer that was launched on 4 December, 2023 (Entitlement Offer). Together the entitlement offer and institutional placement raised gross proceeds of A$97 million, including A$36.7 million committed today on the same terms as the Entitlement Offer, primarily from Mesoblast’s existing major shareholders.

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