ARTICLE | Financial News
Arvinas raises $120M in IPO
September 28, 2018 6:19 PM UTC
Arvinas Inc. (NASDAQ:ARVN) raised $120 million late Sept. 26 through the sale of 7.5 million shares at $16 in its bumped-up IPO. The price, at the top of its proposed $14-$16 range, values the company at $514.5 million. Arvinas proposed earlier this month to sell 6.7 million shares. Underwriters are Goldman Sachs, Citigroup and Piper Jaffray.
Arvinas gained $0.05 to $16 on Sept. 27...
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