BioCentury
ARTICLE | Financial News

resTORbio raises $97.8M IPO

February 2, 2018 8:13 PM UTC

resTORbio Inc. (NASDAQ:TORC) raised $97.8 million through the sale of 6.5 million shares at $15 in an IPO underwritten by BofA Merill Lynch, Leerink Partners, Evercore ISI and Wedbush PacGrow. The figures includes an 850,000-share overallotment on Jan. 30.

The price is at the midpoint of resTORbio’s proposed $14-$16 range...

BCIQ Company Profiles

resTORbio Inc.