# Lyell Immunopharma Agrees to $80 Million Private Placement

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/48571
Published: 2026-11-04T15:02:27.000Z
Updated: 2026-11-04T15:02:27.000Z
Section: Business

> The agreement prices about 7.43 million common shares at $10.77 each. The transaction was expected to close around Nov. 4, 2026.

Lyell Immunopharma, Inc. (LYEL) agreed to issue about 7.43 million common shares in a private placement expected to raise about $80 million if it closes.

The agreement sets the sale price at $10.77 per share. The expected proceeds are not a completed raise; they depend on the placement closing.

The transaction was expected to close around Nov. 4, 2026.