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Genenta Science Priced, Nasdaq: GNTA

Italian Phase 1/2 biotech developing stem cell gene therapies for solid tumors.

Industry: Health Care

Latest Trade: $2.95 +0.04 (+1.2%)

First Day Return: -4.3%

Return from IPO: -74.7%

Industry: Health Care

We are a clinical-stage biotechnology company engaged in the development of hematopoietic stem cell gene therapies for the treatment of solid tumors. We have developed a novel biologic platform which involves the ex-vivo gene transfer of a therapeutic candidate into autologous hematopoietic stem/progenitor cells (HSPCs) to deliver immunomodulatory molecules directly to the tumor by infiltrating monocytes/macrophages (Tie2 Expressing Monocytes - TEMs). Our technology is designed to turn TEMs, which normally have an affinity for and travel to tumors, into a “Trojan Horse” to counteract cancer progression and to prevent tumor relapse. Our technology is not target dependent, and therefore we believe it can be used as a treatment for a broad variety of cancers. Our technology incorporates the use of a lentiviral vector (LVV) that combines a therapeutic transgene sequence, or payload, with our proprietary platform. Our proprietary platform consists of (i) the Tie-2 promoter, that drives transgene sequence transcription specifically in TEMs, and (ii) miRNA-126 target sequences to downregulate transgene expression post-transcription in those cells where the Tie-2 promoter is active and the miRNA-126 is present.
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IPO Data
IPO File Date 11/10/2021
Offer Price $11.50
Price Range $10.50 - $12.50
Offer Shares (mm) 3.1
Deal Size ($mm) $36
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/15/2021
Offer Price $11.50
Price Range $10.50 - $12.50
Offer Shares (mm) 3.1
Deal Size ($mm) $36
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Roth Capital
Maxim Group LLC
Company Data
Headquarters Milan, Italy
Founded 2014
Employees 4
Website www.genenta.com

Genenta Science (GNTA) Performance