Taysha Gene Therapies Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants Dallas

Taysha Gene Therapies Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants

Dallas June 25, 2024 Taysha Gene Therapies, Inc. (Nasdaq:

TSHA), a clinical-stage biotechnology company focused on advancing adeno-associated virus (AAV)-based gene therapies for severe monogenic diseases of the central nervous system (CNS), today announced that it has commenced an underwritten public

offering of up to $75 million of shares of its common stock and, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock. All of the

securities will be offered by Taysha. Taysha also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering under

the same terms and conditions (including shares underlying the pre-funded warrants). The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be

completed, or the actual size or terms of the offering.

Jefferies and Goldman Sachs & Co. LLC are acting as joint book-running managers for the

offering, and Cantor is also serving as a book-running manager for the proposed offering.

A shelf registration statement relating to the securities

offered in the public offering described above was filed with the Securities and Exchange Commission (the SEC ) on October 5, 2021, and declared effective by the SEC on October 14, 2021. The offering will be made only by means

of a written prospectus and prospectus supplement that form a part of the registration statement. A preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the

SEC s website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus, when available, may also be obtained by contacting Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison

Avenue, New York, NY 10022, or by telephone at (877) 821-7388, or by e-mail at Prospectus_Department@Jefferies.com; or Goldman Sachs & Co. LLC, Attention:

Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at Prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities being offered, nor shall there be any sale of

the securities being offered in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Taysha Gene Therapies

Taysha Gene Therapies

(Nasdaq: TSHA) is a clinical-stage biotechnology company focused on advancing AAV-based gene therapies for severe monogenic diseases of the central nervous system. Its lead clinical program TSHA-102 is in development for Rett syndrome, a rare neurodevelopmental disorder with no approved disease-modifying therapies that address the genetic root cause of the disease. With a singular focus on

developing transformative medicines, Taysha aims to address severe unmet medical needs and dramatically improve the lives of patients and their caregivers. The Company s management team has proven experience in gene therapy development and

commercialization. Taysha leverages this experience, its manufacturing process and a clinically and commercially proven AAV9 capsid in an effort to rapidly translate treatments from bench to bedside.

Forward-Looking Statements

This press release contains

forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as anticipates, believes, expects, intends, projects, plans,

and future or similar expressions are intended to identify forward-looking statements. Forward-looking statements include statements concerning the potential of TSHA-102 and Taysha s other

product candidates, to positively impact

quality of life and alter the course of disease in the patients Taysha seeks to treat, its research, development and regulatory plans for its product candidates, and its anticipated public

offering, including the uncertainties related to market conditions and the completion of the public offering on the anticipated terms, if at all. Forward-looking statements are based on management s current expectations and are subject to

various risks and uncertainties that could cause actual results to differ materially and adversely from those expressed or implied by such forward-looking statements. Accordingly, these forward-looking statements do not constitute guarantees of

future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding Taysha s business are described in detail in its SEC filings, including in Taysha s Annual Report on Form 10-K for the full-year ended December 31, 2023, which is available on the SEC s website at www.sec.gov. Additional information will be made available in other filings that Taysha makes from time to time

with the SEC. These forward-looking statements speak only as of the date hereof, and Taysha disclaims any obligation to update these statements except as may be required by law.

Director, Head of Corporate Communications and Investor Relations

Taysha Gene Therapies, Inc.