ProQR raises $97.5M in bumped up IPO

ProQR Therapeutics N.V. (NASDAQ:PRQR) jumped $1.73 (13%) to $14.73 in its first day of trading Thursday after raising $97.5 million through the sale of 7.5 million shares at $13 in an IPO. The IPO price valued the company at $288.8 million. Leerink Partners; Deutsche Bank; JMP Securities; and H.C. Wainwright were underwriters.

Earlier this month, ProQR said it planned to sell 6.3 million shares at $11-$13. At $12, the offering would have raised $75 million. ...