Parabilis Medicines (PBLS) said Thursday it has closed its upsized initial public offering of about 38.5 million shares, including the full exercise of an overallotment option, at $20.00 each.
The clinical-stage biopharmaceutical company also said it has closed its sale of nearly 4.2 million at $18.00 per share in a private placement to Regeneron Pharmaceuticals.
The stock began trading on Nasdaq on June 10.