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Fulcrum Therapeutics prices IPO at $16, the low end of the range

July 17, 2019
FULC

Fulcrum Therapeutics, which is developing small molecule therapies based on gene regulation for rare diseases, raised $72 million by offering 4.5 million shares at $16, the low end of the range of $16 to $18. Fulcrum Therapeutics plans to list on the Nasdaq under the symbol FULC. Morgan Stanley, BofA Merrill Lynch and SVB Leerink acted as lead managers on the deal.