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Paris-listed NASH biotech Genfit prices US IPO at $20.32

March 26, 2019
GNFT

Genfit, a Phase 3 French biotech developing therapies for NASH, raised $135 million by offering 6.65 million ADSs at $20.32 per ADS. It had previously filed to raise $132 million by offering 5.0 million ADSs at $26.33. Genfit plans to list on the Nasdaq under the symbol GNFT. SVB Leerink and Barclays acted as lead managers on the deal.