TCGX Acquisition II, a blank check company formed by TCGX executives targeting healthcare in Asia, raised $100 million by offering 10 million shares at $10. Unlike most SPACs, the offering did not contain units with warrants or rights attached. TCGX...read more
City Therapeutics, a Phase 1 biotech developing RNA interference therapies for thromboembolic diseases, raised $200 million by offering 11.1 million shares at $18, within the $17 to $19 range. At pricing, the company commands a fully diluted market value of...read more
Iambic Therapeutics, a Phase 1 biotech using its AI platform to develop small molecule cancer therapies, raised $150 million by offering 9.4 million shares at $16, within the $15 to $17 range. Existing shareholder ARK Investment Management and new investor...read more
SPAC TCGX Acquisition II prices $100 million IPO, targeting healthcare in Asia
TCGX Acquisition II, a blank check company formed by TCGX executives targeting healthcare in Asia, raised $100 million by offering 10 million shares at $10. Unlike most SPACs, the offering did not contain units with warrants or rights attached. TCGX...read more
City Therapeutics prices upsized IPO at $18, the midpoint of the range
City Therapeutics, a Phase 1 biotech developing RNA interference therapies for thromboembolic diseases, raised $200 million by offering 11.1 million shares at $18, within the $17 to $19 range. At pricing, the company commands a fully diluted market value of...read more
Small molecule biotech Iambic Therapeutics prices IPO at $16, the midpoint of the range
Iambic Therapeutics, a Phase 1 biotech using its AI platform to develop small molecule cancer therapies, raised $150 million by offering 9.4 million shares at $16, within the $15 to $17 range. Existing shareholder ARK Investment Management and new investor...read more