ADC Therapeutics SA (ADCT) AI Dilution Summary

ADCT reported cash of $219,107,000 at 2026-06-30 against estimated monthly burn of $6,919,500. Its active at-the-market program through Jefferies LLC is authorised to $100,000,000; the facts reviewed do not state any sales under it. Dilution here is driven primarily by that ATM program.