Parabilis Medicines Prices Upsized IPO at $19 per Share

Parabilis Medicines priced its upsized initial public offering (IPO) of 33.3 million shares at $19 each, the top end of its marketed range, raising approximately $633.3 million in gross proceeds. The underwriters have a 30-day option to purchase an additional ~5 million shares.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Parabilis Medicines Prices Upsized IPO at $19 per Share

Topics: biotech equity financing ipo

Read the full article at Seeking Alpha

More World news