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Subsequent events
9 Months Ended
Sep. 30, 2020
Subsequent events  
Subsequent events

18. Subsequent events

 

Previously, on June 5, 2020, the Company entered into a Sales Agreement with Cantor Fitzgerald & Co. and Oppenheimer & Co. Inc. with respect to an ATM under which the Company may offer and sell, from time to time at its sole discretion, ADSs through the Sales Agents, representing the same number of ordinary shares, having an aggregate offering price of up to $50.0 million.  On October 1, 2020, the Company sold 98,100 ADSs, representing the same number of ordinary shares, at a public offering price of $19.05 per ADS ordinary share pursuant to the Sales Agreement, resulting in net proceeds of $1.8 million and completing the sale of the initial $50.0 million under the Sales Agreement.  On October 2, 2020, the Company filed a prospectus supplement registering the offer and sale of ADSs having an aggregate offering price of up to an additional $75.0 million, pursuant to the Sales Agreement.