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City Therapeutics Announces Closing of $230.0 Million Upsized Initial Public Offering, Including Full Exercise of Underwriters' Option to Purchase Additional Shares

Source: globenewswire.com

IPOs & SPACsHealthcare & BiotechPrivate Markets & Venture
City Therapeutics Announces Closing of $230.0 Million Upsized Initial Public Offering, Including Full Exercise of Underwriters' Option to Purchase Additional Shares

City Therapeutics closed an upsized initial public offering that raised $230.0 million, including full exercise of the underwriters’ option to purchase additional shares. The headline provides no further details on the company’s use of proceeds or trading performance.

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