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ARTICLE | Financial News

Edge, Mirna price IPOs

October 2, 2015 12:58 AM UTC

Edge Therapeutics Inc. (NASDAQ:EDGE) and Mirna Therapeutics Inc. (NASDAQ:MIRN) each began trading Thursday after pricing IPOs.

Edge gained $1.94 (18%) to $12.94 after it raised $80.5 million through the sale of 7.3 million shares at $11. The price valued Edge at $302.5 million. The company filed last month to raise up to $115 million and last week said it hoped to sell 5.7 million shares at $14-$16. At $15, it would have raised $85 million and been valued at $387.7 million. ...