Sunday, June 1, 2025

Latest

Biotech Firm PepGen Prices US$108 Million IPO

Biopharmaceutical company PepGen, Inc. (Nasdaq: PEPG) began trading on the Nasdaq Global Select Market on Friday. The firm’s initial public offering is looking to raise US$108.0 million and is expected to close on May 10, 2022.

The offering consists of 9.0 million common shares selling at US$12.00 per share.

BofA Securities, SVB Securities, and Stifel act as the joint bookrunners for the said offering. The underwriters were granted a 30-day over-allotment option to purchase additional 1.35 million shares at the same IPO price.

The Boston-based biotech company is working on oligonucleotide therapies for the treatment of severe neuromuscular and neurological diseases. Its focus revolves around Enhanced Deliver Oligonucleotide platform, which mainly leverages cell-penetrating peptides to improve the uptake and activity of conjugated oligonucleotide therapeutics.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How a Single Deal Turned 2 ‘Dead’ Mines into a $2B Project | Canadian Copper PEA – Simon Quick

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Alamos Gold Q1 Earnings: The Inside Scoop

Recommended

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Canadian Copper: The $172M Combined Strategy PEA

Related News

Former Apollo Global Exec-Led SPAC Beard Energy Transition Acquisition Prices US$200 Million IPO

Blank check company Beard Energy Transition Acquisition Corp. (NYSE: BRDU) went public yesterday on the...

Thursday, November 25, 2021, 02:08:00 PM

Renewable Energy SPAC AP Acquisition Prices US$150 Million IPO

Special purpose acquisition company AP Acquisition Corp (NYSE: APCA.U) went public today on the New...

Friday, December 17, 2021, 02:23:00 PM

Singapore-Based A SPAC II Acquisition Prices US$185 Million IPO

Special purpose acquisition company A SPAC II Acquisition Corp. (Nasdaq: ASCBU) started trading on the...

Wednesday, May 4, 2022, 11:35:00 AM

Smart Home Firm Snap One Launches US$291 Million IPO

Smart home integration firm Snap One Holdings announced today the launch of its initial public...

Monday, July 19, 2021, 11:23:00 AM

Birkenstock Prices IPO At $46 Per Share, Aims To Raise $1.48 Billion

Birkenstock Holdings (NYSE: BIRK) has revealed the pricing details of its initial public offering (IPO),...

Wednesday, October 11, 2023, 09:06:07 AM