Full Press Release Details
Taysha Gene Therapies Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants
Dallas May 28, 2025 Taysha Gene Therapies, Inc.
(Nasdaq: TSHA) (Taysha or the Company), 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 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, BofA Securities, Piper Sandler and Barclays are acting as joint book-running managers
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 December 13, 2024, and declared effective by the SEC on December 20, 2024. 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; BofA Securities Inc., Attention: Prospectus Department, 201 North Tryon Street,
NC1-022-02-25 Charlotte, NC 28255- 0001, or by e-mail at dg.prospectus_requests@bofa.com;
Piper Sandler & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, or by telephone at (800) 747-3924, or by e-mail
at prospectus@psc.com; or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at (888) 603-5847, or by email at
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 adeno-associated virus (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, Taysha s research, development and regulatory plans for its product candidates and Taysha s 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 year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which are 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.
Senior Director, Corporate Communications and Investor Relations
Taysha Gene Therapies, Inc.