Company: NCNA
Filing Date: 2025-04-29
Form Type: F-1/A
Source: 0001193125-25-103135
Chunk: 7

Company: NuCana plc
Filing Date: 2025-04-29
Form: F-1/A
Chunk 7
---
arrant and accompanying Warrants, will be fixed for the duration of this offering and will be determined between us and the purchasers based on market conditions at the time of
pricing, and may be at a discount to the then current market price of our ADSs. The recent market price used throughout this prospectus may not be indicative of the actual combined public offering price. The actual combined public offering price may
be based upon a number of factors, including our history and our prospects, the industry in which we operate, our past and present operating results, the previous experience of our executive officers and the general condition of the securities
markets at the time of this offering. There is no established public trading market for the Warrants or Pre-Funded Warrants, and we do not expect a market for the Warrants or the
Pre-Funded Warrants to develop. We do not intend to list the Warrants or Pre-Funded Warrants on The Nasdaq Capital Market, any other national securities exchange or any
other trading system. Without an active trading market, the liquidity of the Warrants and the Pre-Funded Warrants will be limited. We anticipate that the ADSs to be issued upon exercise of the Warrants and the
Pre-Funded Warrants will trade on The Nasdaq Capital Market.

We have engaged Laidlaw &
Company (UK) Ltd., or Laidlaw, to act as the placement agent, or the Placement Agent, in connection with this offering. The Placement Agent has agreed to use its reasonable best efforts to arrange for the sale of the securities offered by this
prospectus. The Placement Agent is not purchasing or selling any of the securities we are offering and the Placement Agent is not required to arrange the purchase or sale of any specific number or dollar amount of securities. There is no required
minimum number of securities that must be sold as a condition to closing this offering, and there are no arrangements to place the funds in an escrow, trust, or similar account. We may sell fewer than all of the securities offered hereby, which may
significantly reduce the amount of proceeds received by us, and investors in this offering will not receive a refund if we do not sell all of the securities offered hereby. This offering will terminate no later than fifteen (15) business days
following the effectiveness of this prospectus, unless we decide to terminate the offering (which we may do at any time in our discretion) prior to that date. We will have one closing for all the securities purchased in this offering.