Company: RCUS
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001193125-25-260836
Chunk: 31

Company: Arcus Biosciences, Inc.
Filing Date: 2025-10-31
Form: 424B5
Chunk 31
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 shares which has been approved by the competent authority in that Relevant State or, where appropriate, approved in another Relevant State and notified to the competent authority in that Relevant State, all in accordance with the Prospectus Regulation, except that shares may be offered to the public in that Relevant State at any time:

| A. | to any legal entity which is a qualified investor as defined under Article 2 of the Prospectus Regulation; |

| B. | to fewer than 150 natural or legal persons (other than qualified investors as defined under Article 2 of the 
 Prospectus Regulation), subject to obtaining the prior consent of the representatives for any such offer; or |

| C. | in any other circumstances falling within Article 1(4) of the Prospectus Regulation, |

providedthat no such offer of shares shall require us or any of the representatives to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or supplement a prospectus pursuant to Article 23 of the Prospectus Regulation. For the purposes of this provision, the expression an “offer to the public” in relation to any shares in any Relevant State means the communication in any form and by any means of sufficient information on the terms of the offer and any shares to be offered so as to enable an investor to decide to purchase or subscribe for any shares, and the expression “Prospectus Regulation” means Regulation (EU) 2017/1129, as amended. Notice to Prospective Investors in the United Kingdom No shares have been offered or will be offered pursuant to the offering to the public in the United Kingdom prior to the publication of a prospectus in relation to the Shares which has been approved by the Financial Conduct Authority, except that the shares may be offered to the public in the United Kingdom at any time:

| A. | to any legal entity which is a qualified investor as defined under Article 2 of the UK Prospectus Regulation; |

| B. | to fewer than 150 natural or legal persons (other than qualified investors as defined under Article 2 of the UK 
 Prospectus Regulation), subject to obtaining the prior consent of the representatives for any such offer; or    |

| C. | in any other circumstances falling within Section 86 of the Financial Services and Markets Act 2000 (the 
 “FMSA”),                                                                                                 |

S-23

provided that no such offer of the shares shall require us or any representative to publish a
prospectus pursuant to Section 85 of the FSMA or supplement a prospectus pursuant