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Merrimack Pharmaceuticals (MACK)
Latest Trade:
$5.28
0.00 (0.0%)
$5.28
IPO News
Street research for Merrimack Pharmaceuticals expected on May 8
5/3/12
Four IPO pricings following yesterday's 3 positive debuts
3/29/12
Merrimack prices IPO at $7, raising $100 million in proceeds
3/28/12
Three of this week's 10 planned IPOs to debut today
3/28/12
An active week in the IPO market expected as two company raise terms
3/27/12
Merrimack Pharmaceuticals sets new terms, now seeking $100 million
3/26/12
10 US IPOs planned for the week of Mar 26
3/26/12
Troubles for the energy industry detract from exciting week for US IPOs
2/6/12
Drug developer Merrimack postpones IPO
2/1/12
8 U.S. IPOs planned for the week of Jan 30
1/30/12
Significant pricing activity ahead as six companies set IPO terms this week
1/20/12
Technology leads a week of 5 new US IPO filings, 5 IPOs added to the calendar
1/13/12
Biopharmaceutical maker Merrimack starts roadshow, seeking $150 million
1/13/12
Merrimack Pharmaceuticals files for a $173 million IPO
7/8/11
Interested in IPO Investing?
IPO Performance
First Day Return
6.0400
-13.7%
Aftermarket Return
6.0400
-12.6%
Return from IPO
7.0000
-24.6%
IPO Profile
IPO Date
03/28/12
Offer Price
$7.00
Offer Shares
14.3 mm
As of 3/26/12. Previous terms (1/13/12): 16.7 million shares at $7-$9. Total Shares figure excludes 12,821,882 shares based on options that may eventually become dilutive to shareholders once MACK turns profitable.
Lead Manager(s)
J.P. Morgan
Co Manager(s)
BofA Merrill Lynch
All Underwriters
Business
Business
Uses its Network Biology system to discover and develop cancer treatments.
Industry
Health-Drugs
Employees
218
Founded
1993
MACK Daily
Chart
Corporate Data
Company Address
One Kendall Square, Suite B7201
Cambridge, MA
Phone Number
(617) 441-1000
Web Address
www.merrimackpharma.com