Sionna Therapeutics Upsized IPO Priced at High End of Views

Dow Jones

02-07

By Colin Kellaher

Shares of Sionna Therapeutics are set to be traded Friday after the clinical-stage biopharmaceutical company's upsized initial public offering was priced at the top end of expectations.

Sionna late Thursday said it is selling nearly 10.6 million shares at $18 apiece in the IPO, compared with prior plans to offer about 8.82 million shares at between $16 and $18 each.

The Waltham, Mass., company said it expects gross proceeds of about $191 million.

Sionna shares are slated to begin trading Friday on the Nasdaq Global Market under the symbol SION.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 07, 2025 06:18 ET (11:18 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SION","symbol_name":"Sionna Therapeutics","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509118567","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509118567","pubTimestamp":1738927080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Sionna Therapeutics are set to be traded Friday after the clinical-stage biopharmaceutical company's upsized initial public offering was priced at the top end of expectations.Sionna late Thursday said it is selling nearly 10.6 million shares at $18 apiece in the IPO, compared with prior plans to offer about 8.82 million shares at between $16 and $18 each.The Waltham, Mass., company said it expects gross proceeds of about $191 million.Sionna shares are slated to begin trading Friday on the Nasdaq Global Market under the symbol SION.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SION":"Sionna Therapeutics"},"translate_title":"Sionna Therapeutics扩大IPO规模，定价为高端观点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SION":1},"content_text":"By Colin Kellaher \n\n\n \n\n\n  Shares of Sionna Therapeutics are set to be traded Friday after the clinical-stage biopharmaceutical company's upsized initial public offering was priced at the top end of expectations. \n\n\n  Sionna late Thursday said it is selling nearly 10.6 million shares at $18 apiece in the IPO, compared with prior plans to offer about 8.82 million shares at between $16 and $18 each. \n\n\n  The Waltham, Mass., company said it expects gross proceeds of about $191 million. \n\n\n  Sionna shares are slated to begin trading Friday on the Nasdaq Global Market under the symbol SION. \n\n\n \n\n\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 07, 2025 06:18 ET (11:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}