On August 18, 2020, ImmPACT Bio USA Inc. closed the transaction. The company amended the terms of the transaction and now received $18,250,002.6657 in the transaction. The transaction included participation from OrbiMed Advisors LLC, Johnson & Johnson Innovation - JJDC, Inc., Takeda Ventures, Inc., RMGP Biopharma Fund, a fund managed by RM Global Partners LLC, Investment Arm, Novartis Venture Funds, Bukwang Pharmaceutical Co., Ltd., Hayan Health Networks and JVC Investment Partners LLC.

The company issued 1,349,463 series A preferred shares at issue price of $13.5239 per share in the transaction.