I-Mab Files Shelf Registration Statement for PIPE Investors

Author: I-Mab / 2023-07-23 22:23 / Source: I-Mab

I-Mab Files Shelf Registration Statement for PIPE Investors

SHANGHAI and GAITHERSBURG,Md.,Dec. 2,2020 -- I-Mab (the "Company") (Nasdaq: IMAB),a clinical stage biopharmaceutical company committed to the discovery,development and commercialization of novel biologics,today filed a registration statement on Form F-1 with the Securities and Exchange Commission (the "SEC") by using a "shelf" registration process with respect to 25,123,751 ordinary shares of the Company (represented by 10,923,370 American depositary shares ("ADSs") beneficially owned by certain shareholders,which are parties to the privately negotiated subscription agreements with the Company dated September 3,2020 (the "PIPE Agreements" and such parties,the "PIPE Investors").

A preliminary prospectus,which is part of the registration statement on Form F-1,is available on the SEC's website at www.sec.gov. The ordinary shares represented by ADSs may not be sold nor may offers to buy be accepted prior to the time the registration statement on Form F-1 containing the preliminary prospectus becomes effective under the Securities Act of 1933,as amended.

This announcement shall not constitute an offer to sell,or a solicitation of an offer to buy,the securities described herein,nor shall there be any offer,solicitation or sale of these securities in any state or jurisdiction in which such an offer,solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About I-Mab

I-Mab (Nasdaq:IMAB) is a dynamic,global biotech company exclusively focused on discovery,development and soon commercialization of novel or highly differentiated biologics in the therapeutic areas of immuno-oncology and autoimmune diseases. The Company's mission is to bring transformational medicines to patients around the world through innovation. I-Mab's innovative pipeline of more than 10 clinical and pre-clinical stage drug candidates is driven by the Company's Fast-to-PoC (Proof-of-Concept) and Fast-to-Market development strategies through internal R&D and global partnerships. The Company is on track to transitioning from a clinical stage biotech company toward a fully integrated global biopharmaceutical company with cutting-edge R&D capabilities,world-class GMP manufacturing facility and commercial capability. I-Mab has offices inBeijing,Shanghai,Hangzhou,Hong

KongandMaryland,United States. For more information,please visithttp://ir.i-mabbiopharma.comand follow I-Mab onLinkedIn,TwitterandWeChat.

Forward Looking Statements

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts,including statements about I-Mab's beliefs and expectations,are forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in I-Mab's filings with the SEC. All information provided in this press release is as of the date of this press release,and I-Mab does not undertake any obligation to update any forward-looking statement,except as required under applicable law.

For more information,please contact:

I-Mab

Jielun Zhu,Chief Financial Officer

E-mail: jielun.zhu@i-mabbiopharma.com

Office line: +86 21 6057 8000

Gigi Feng,Chief Communications Officer

E-mail: gigi.feng@i-mabbiopharma.com

Office line: +86 21 6057 5785

Investor Inquiries:

Burns McClellan,Inc. (Americas and Europe)

Steve Klass

E-mail: sklass@burnsmc.com