Parabilis Medicines Closes Initial Public Offering
MT Newswires Live
10 hours ago
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.
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