U.S. IPO Weekly Recap: Biotechs City Therapeutics And Iambic Headline

City Therapeutics and Iambic headline priced at $1.0 billion market cap.

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U.S. IPO Weekly Recap: Biotechs City Therapeutics And Iambic Headline

City Therapeutics and Iambic headline priced at $1.0 billion market cap.

In brief

City Therapeutics and Iambic headline priced at $1.0 billion market cap. City Therapeutics priced its upsized IPO at $1.0 billion market cap to raise $200 million. Originally reported by Seekingalpha.

IPO Activity

Three IPOs and two SPACs priced this week, and two SPACs submitted filings.

City Therapeutics Pricing

City Therapeutics priced its upsized IPO at the midpoint to raise $200 million at a $1.0 billion market cap.

Upcoming Events

Upcoming Events

No IPOs are currently scheduled for the week ahead as the year’s next mega IPO potentially comes into view.

The big picture

City Therapeutics priced its upsized IPO at $1.0 billion market cap to raise $200 million.

Read the original on Seekingalpha

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