ARTICLE | Financial News
Kiniksa, Scholar Rock set IPO price ranges
May 18, 2018 2:32 AM UTC
Kiniksa Pharmaceuticals Ltd. (Hamilton, Bermuda) and Scholar Rock Holding Corp. (Cambridge, Mass.) each set price ranges on May 14 for their respective NASDAQ IPOs.
Kiniksa now plans to sell 7 million shares at $17 to $19 in an IPO underwritten by Goldman Sachs, J.P. Morgan, JMP Securities and Wedbush PacGrow. At the $18 midpoint, the company would raise $126 million and be valued at $845 million...