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US IPO Weekly Recap: Preclinical biotech Nkarta pops 166% in a 5 IPO week

NKTX

Three biotechs, two Chinese issuers, and one SPAC went public this past week, led by preclinical oncology biotech Nkarta (NKTX), which popped 166% in the best first-day return for a $10+ million IPO since 2015. Some major news hit the IPO pipeline this week. Long-awaited IPO candidate Postmates chose to be acquired by Uber, secretive data...read more

Preclinical oncology biotech Nkarta prices further upsized IPO at $18, above the upwardly revised range

NKTX

Nkarta, a preclinical developer of off-the-shelf cancer therapies based on natural killer cells, raised $252 million by offering 14 million shares at $18, above the upwardly revised range of $16 to $17. The company offered 1 million more shares than anticipated. It originally planned to offer 10 million shares at $14 to $16 before increasing its proposed deal size on Thursday. At...read more

Preclinical oncology biotech Nkarta raises proposed deal size by 43% ahead of $215 million IPO

NKTX

Nkarta, a preclinical developer of off-the-shelf cancer therapies based on natural killer cells, raised the proposed deal size for its upcoming IPO on Thursday. The South San Francisco, CA-based company now plans to raise $215 million by offering 13 million shares at a price range of $16 to $17. The company had previously filed to offer 10 million shares at a range of $14 to...read more

US IPO Week Ahead: Third quarter kicks off with China’s largest gay dating app

BLCT

Updated Monday, 7/6. Following the long weekend, two Chinese IPOs, two biotechs, and a SPAC are currently scheduled to list in the US in the week ahead, inlcuding China’s largest LGBTQ dating app BlueCity (BLCT). More deals could join the IPO calendar, based on a flurry of filing activity in June, including health insurance marketplace...read more