IBRX Stock Rises Pre-Market As $100M Financing Boosts Balance Sheet

The company has secured $75 million in non-dilutive financing from Oberland Capital.
In this photo illustration, the ImmunityBio logo is displayed on the screen of a tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)
In this photo illustration, the ImmunityBio logo is displayed on the screen of a tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)
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Shivani Kumaresan·Stocktwits
Updated Mar 31, 2026   |   8:07 AM EDT
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ImmunityBio, Inc. IBRX) announced on Tuesday that it has obtained $75 million in non-dilutive financing under its existing Royalty Interest Purchase Agreement (RIPA) with Oberland Capital, raising the total committed capital under the agreement to $375 million. 

In parallel with the RIPA funding, Nant Capital, LLC, affiliated with ImmunityBio’s Executive Chairman Patrick Soon-Shiong, M.D., converted $25 million of the outstanding promissory note into 4.6 million shares of common stock.

This move has reduced the company's overall debt while reinforcing investor confidence. 

ImmunityBio stock traded over 4% higher on Tuesday’s premarket. 

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