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February 23, 2026
Sidley Represents Sensei Biotherapeutics in Acquisition of Faeth Therapeutics

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AI-made summary
- • Sidley represented Sensei Biotherapeutics, Inc
- in its acquisition of Faeth Therapeutics Inc., both clinical-stage biotechnology companies
- • Sensei focuses on developing next-generation therapeutics for cancer patients, while Faeth develops multi-node therapies targeting tumor metabolism and signaling
- • Sidley also advised Sensei on a definitive agreement to sell Series B non-voting convertible preferred stock in a private placement
- • The private placement is expected to generate gross proceeds of approximately US$200 million for Sensei
- • The Sidley team included attorneys from multiple practice areas, led by Asher Rubin, John Butler, Istvan Hajdu, and Nikita Ponomarev.
Sidley represented Sensei Biotherapeutics, Inc. (Nasdaq: SNSE), a clinical-stage biotechnology company focused on the discovery and development of next-generation therapeutics for cancer patients, in its acquisition of Faeth Therapeutics Inc., a clinical-stage biotechnology company developing multi-node therapies targeting tumor metabolism and signaling.
Concurrent with the acquisition, Sidley also represented Sensei in its definitive agreement for the sale of Series B non-voting convertible preferred stock in a private placement expected to result in gross proceeds of approximately US$200 million.
The Sidley team was led by Asher Rubin (Technology and Life Sciences Transactions), John Butler (M&A), Istvan Hajdu (Capital Markets), and Nikita Ponomarev (M&A), and included Michael Rohr, Emily Chazen, Xi Zhao, and law clerk Christine Seo (M&A); Nick DeAngelis, Sonia Gupta Barros, Kendell Lee, and Eric Carlson (Capital Markets); Adriana Tibbitts, Collin Marshall, and Kayla Nguyen (Technology and Life Sciences Transactions); Gregory Marrs, Christian Pilhofer, Ryan McLeod, and Madeline Clasen (Employee Benefits and Executive Compensation); Christian Brause and Tyler Combest (Tax); Eric Hoffman (Labor, Employment and Immigration); and IP Transactions Specialist Raza Siddiqui.
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