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Hot blooded: Keros Therapeutics prices upsized IPO at $16, the high end of the range

April 7, 2020

Keros Therapeutics, a Phase 1 biotech developing therapies for blood and musculoskeletal disorders, raised $96 million by offering 6.0 million shares at $16, the high end of the range of $14 to $16. Keros upsized its offering by 1.0 million shares (20%).

Keros Therapeutics plans to list on the Nasdaq under the symbol KROS. Jefferies, SVB Leerink and Piper Sandler acted as lead managers on the deal.