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Bolt Biotherapeutics Priced, Nasdaq: BOLT

Phase 1/2 biotech developing targeted therapies for solid tumors.

Industry: Health Care

Latest Trade: $15.99 0.00 (0.0%)

First Day Return: +60.8%

Return from IPO: -20.1%

Industry: Health Care

We are a clinical-stage immuno-oncology company developing tumor-targeted therapies that leverage the power of the innate and adaptive immune systems. Our proprietary Boltbody Immune-Stimulating Antibody Conjugate (ISAC) approach uses immunostimulants to engage and activate myeloid cells, including macrophages and dendritic cells, that directly kill tumor cells via phagocytosis and expose tumor neoantigens to the adaptive immune system. Our lead product candidate BDC-1001 is a HER2 Boltbody ISAC comprised of a HER2-targeting biosimilar for the treatment of patients with HER2-expressing solid tumors, including those with HER2-low tumors. We have demonstrated robust single agent anti-tumor activity in multiple preclinical models, including elimination of large tumors (~500 mm3), as well as tumors that are refractory to trastuzumab or ado-trastuzumab emtansine. In our preclinical safety studies, BDC-1001 was well tolerated and no adverse safety signals were observed. We believe these findings are encouraging for the therapeutic potential of BDC-1001. We initiated a Phase 1/2 trial of BDC-1001 in the first quarter of 2020 for the treatment of patients with HER2-expressing solid tumors. We are currently in the dose escalation portion of the trial and expect to move into Phase 2 dose expansions in key solid tumor indications with unmet medical need in 2021.
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IPO News for Bolt Biotherapeutics
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IPO Data
IPO File Date 01/15/2021
Offer Price $20.00
Price Range $18.00 - $19.00
Offer Shares (mm) 11.5
Deal Size ($mm) $230
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/04/2021
Offer Price $20.00
Price Range $18.00 - $19.00
Offer Shares (mm) 11.5
Deal Size ($mm) $230
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Redwood City, CA
Founded 2015
Employees 63
Website www.boltbio.com