Press Releases September 30, 2026 05:15 PM

Immix Biopharma Announces Closing of $125 Million Underwritten Offering of Common Stock

Immix Biopharma closes $125 million equity offering to advance CAR-T therapy for AL Amyloidosis

By Caleb Monroe
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IMMX

Immix Biopharma has successfully closed an underwritten offering of 11.36 million shares at $11 per share, raising net proceeds of approximately $117.1 million. The funds will be used to finance the development of its lead CAR-T cell therapy candidate, NXC-201, targeting relapsed/refractory AL Amyloidosis, support working capital, and general corporate purposes. The offering was led by J.P. Morgan and included prominent US biotech institutional investors. NXC-201 is currently in a multi-center trial and holds multiple regulatory designations reflecting expedited development pathways.

Immix Biopharma Announces Closing of $125 Million Underwritten Offering of Common Stock
IMMX
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Key Points

  • Raised $117.1 million net through the common stock offering to fund clinical development of NXC-201 and general operations.
  • NXC-201 is a novel BCMA-targeted CAR-T therapy aimed at treating relapsed/refractory AL Amyloidosis with several FDA and EMA designations including Breakthrough Therapy and Orphan Drug.
  • The offering attracted strong interest from US biotech institutional investors, indicating confidence in Immix's pipeline and strategy.

LOS ANGELES, CA, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Immix Biopharma, Inc. (“ImmixBio”, “Company”, “we” or “us” or “IMMX”), a global leader in relapsed/refractory AL Amyloidosis, today announced the closing of its previously announced underwritten registered offering of 11,363,637 shares of its common stock at a public offering price of $11.00 per share. The net proceeds to Immix from the offering, after deducting the underwriting discounts, commissions and other offering expenses, were approximately $117.1 million.

Immix intends to use the net proceeds from this offering to fund NXC-201 development, working capital and general corporate purposes.

J.P. Morgan acted as the sole book-running manager for the offering. The offering included participation from leading U.S. biotechnology institutional investors and mutual funds.

The shares of common stock described above were offered and sold by the Company pursuant to a shelf registration statement on Form S-3 (File No. 333-292665), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 9, 2026, and declared effective on January 22, 2026. A prospectus supplement and accompanying prospectus describing the terms of the offering was filed with the SEC and is available on the SEC’s website located at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus related to this offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by email at [email protected] and [email protected]. 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities 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 Immix Biopharma, Inc.

Immix Biopharma, Inc. (ImmixBio) (Nasdaq: IMMX) is a global leader in AL Amyloidosis. AL Amyloidosis is a devastating disease where the immune system, that’s supposed to protect, instead produces toxic light chains, clogging up the heart, kidney and liver, causing organ failure and death. Our lead candidate is sterically-optimized BCMA-targeted chimeric antigen receptor T (CAR-T) cell therapy NXC-201 with a proprietary CD3ζ, CD8 hinge and binder “digital filter” designed to filter out non-specific activation. NXC-201 teaches the immune system to recognize and eliminate the source of the toxic light chains. NXC-201 is being evaluated in the U.S. multi-center study for relapsed/refractory AL Amyloidosis NEXICART-2 (NCT06097832), with a potentially registrational design. NXC-201 has been awarded Breakthrough Therapy Designation (BTD) and Regenerative Medicine Advanced Therapy (RMAT) by the US FDA and Orphan Drug Designation (ODD) by FDA and in the EU by the EMA.

Contacts

Mike Moyer
LifeSci Advisors
[email protected] 

Company Contact

Gabriel Morris, CFO
[email protected] 


Risks

  • Development risk associated with clinical trials of NXC-201 which may fail to meet endpoints, delaying or preventing commercialization.
  • Regulatory risks linked to approval of NXC-201 despite current designations, which do not guarantee final marketing authorization.
  • Market risks related to competitive therapies and physician adoption in the rare disease segment impacting commercial success.

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