From TokenPost · · 40s
City Therapeutics IPO Prices at $18, Opens Higher
City Therapeutics' IPO priced at $18 per share, opening at $23 on Nasdaq.
In brief
City Therapeutics' IPO priced at $18 per share, opening at $23 on Nasdaq. City Therapeutics priced its expanded IPO at $18 per share and opened trading at $23 on Nasdaq. Originally reported by TokenPost.
IPO Pricing
City Therapeutics priced its expanded IPO at $18 per share and began Nasdaq trading at $23 Friday.
Trading Details
The offering included 11,111,111 shares priced at $18 apiece with a 30-day option for 1,666,666 additional shares.
First Trade
City's first Nasdaq trade occurred at $23 at 11:59:36 a.m. ET on Friday, Oct. 16.
The essence
City Therapeutics priced its expanded IPO at $18 per share and opened trading at $23 on Nasdaq.
