Roth acted as Co-Manager for Merus N.V. (MRUS) in its $138M Follow-On

For more information please contact:Investment Banking Jeffery R. Smith, Ph.D. Managing Director (646) 616-1915 jsmith@roth.com James Antonopoulos Managing Director &Head of HealthcareInvestment Banking (646) 358-1906 jantonopoulos@roth.com Aparna Beeram Vice President (646) 358-1912 abeeram@roth.com Equity Capital Markets Aaron Gurewitz Head of Equity Capital Markets (949) 720-5703 agurewitz@roth.com Nazan Akdeniz Senior Vice President (949) 720-5740

For more information please contact:
 
Investment Banking
Jeffery R. Smith, Ph.D.
Managing Director
(646) 616-1915
jsmith@roth.com
 
James Antonopoulos
Managing Director &
Head of Healthcare
Investment Banking
(646) 358-1906
jantonopoulos@roth.com
 
Aparna Beeram
Vice President
(646) 358-1912
abeeram@roth.com
 
Equity Capital Markets
Aaron Gurewitz
Head of Equity
Capital Markets
(949) 720-5703
agurewitz@roth.com
 
Nazan Akdeniz
Senior Vice President
(949) 720-5740
nakdeniz@roth.com
 
Lou Ellis
Senior Vice President
(949) 720-5739
lellis@roth.com

Transaction Information
Merus N.V. (Nasdaq: MRUS), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics(R) and Triclonics(TM)), has closed an underwritten public offering of 5,575,757 shares of common stock, which includes an additional 727,272 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were sold at the public offering price of $24.75 per share, resulting in the gross proceeds to Merus N.V. of approximately $138 million.

Merus intends to use the proceeds from the offering to advance the clinical development of its product candidates, for preclinical research and technology development, and for working capital and general corporate purposes.

Roth Capital Partners acted as co-manager for the offering.

About Merus N.V.
Merus is a clinical-stage oncology company developing innovative full-length human bispecific and trispecific antibody therapeutics, referred to as Multiclonics(R). Multiclonics(R) are manufactured using industry standard processes and have been observed in preclinical and clinical studies to have several of the same features of conventional human monoclonal antibodies, such as long half-life and low immunogenicity. For more information, please visit https://merus.nl . (Source: Company Press Release | 01.21.21)

About Roth Capital Partners
Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies andtheir investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading,market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, andmaintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com.

Date of Announcement: 02.02.21

The material, information and  facts discussed in this announcement other than the information regarding Roth Capital Partners, LLC("Roth") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of anycompanies, securities or topics discussed herein. Additional information is available upon request. This is not, however, anoffer or solicitation of the securities discussed. Any opinions orestimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differmaterially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may bereproduced in any form without the express written permission of Roth. Copyright 2021.

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