 LONDON, Aug. 07, 2020 GLOBE NEWSWIRE -- Freeline Therapeutics Holdings plc Freeline, a clinical-stage, fully integrated, next generation, systemic AAV-based gene therapy company with the ambition of transforming the lives of patients suffering from inherited systemic debilitating diseases, today announced the pricing of its initial public offering in the United States of 8,823,529 American Depositary Shares ADSs representing 8,823,529 ordinary shares at an initial public offering price of 18.00 per ADS for total gross proceeds of approximately 158.8 million. All ADSs sold in the offering were offered by Freeline. The ADSs are expected to begin trading on The Nasdaq Global Select Market on 7 August 2020 under the ticker symbol FRLN. In addition, Freeline has granted the underwriters a 30-day option to purchase up to an additional 1,323,529 ADSs at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on 11 August 2020, subject to customary closing conditions. J.P. Morgan Securities LLC, Morgan Stanley Co. LLC and Evercore Group L.L.C. are acting as joint book-running managers for the offering. Wedbush Securities Inc. is acting as lead manager.A registration statement relating to these securities became effective on August 6, 2020. The offering will be made only by means of a prospectus. When available, copies of the final prospectus related to the offering can be obtained from any of the joint book-running managers for the offering: J.P. Morgan Securities LLC, co Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866 803-9204, or by email at Morgan Stanley Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department, by telephone at 866 718-1649 or by emailing or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 36th Floor, New York, NY 10055, by telephone at 888 474-0200, or by email at For the avoidance of doubt, such prospectus will not constitute a prospectus for the purposes of Regulation EU 20171129 the Prospectus Regulation and will not have been reviewed by any competent authority in any EU member state or the UK.A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission the SEC. Copies of the registration statement can be accessed through the SECs website at This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.In any member state of the European Economic Area the EEA this announcement and any offering are only addressed to and directed at persons who are qualified investors Qualified Investors within the meaning of the Prospectus Regulation. In the United Kingdom, this announcement and any offering are only addressed to and directed at Qualified Investors i who have professional experience in matters relating to investments falling within Article 195 of the Financial Services and Markets Act 2000 Financial Promotion Order 2005, as amended the Order, ii high net worth entities who fall within Article 492a to d of the Order, or iii to whom it may otherwise lawfully be communicated all such persons being referred to as relevant persons.This announcement must not be acted on or relied on i in the United Kingdom, by persons who are not relevant persons, and ii in any member state of the EEA, by persons who are not Qualified Investors. Any investment or investment activity to which this announcement relates is available only to and will only be engaged with i in the United Kingdom, relevant persons, and ii in any member state of the EEA, Qualified Investors.Media Contact:JW Communications Julia Wilson 44 07818 430877 FreelineFreeline is a clinical-stage biotechnology company focused on AAV-based gene therapy targeting the liver. Its vision is to create better lives for people suffering from chronic, systemic diseases using the potential of gene therapy as a one-time treatment to provide a potential functional cure. Freeline is headquartered in the U.K. and has operations in Germany and the U.S.Forward-Looking StatementsThis press release contains certain forward-looking statements, including statements with regard to Freelines expectations regarding the commencement of trading of ADSs on The Nasdaq Global Select Market and the completion of the proposed securities offering. Words such as anticipates, believes, expects, intends, projects, anticipates, and future or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and no assurance can be given that the proposed securities offering discussed above will be consummated on the terms described or at all. Completion of the proposed offering and the terms thereof are subject to numerous factors, many of which are beyond the control of Freeline, including, without limitation, market conditions, failure of customary closing conditions and the risk factors and other matters set forth in Freelines filings with the SEC. Freeline undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. 