Just a few days after pricing a $150 million public offering, Iovance has now closed with 15% more raised, thanks to underwriters pitching in.
Iovance priced on Tuesday, offering 20 million shares at $7.50 each, plus an additional 3 million shares at the same price for underwriters to purchase if they chose to. The $172.5 million represents the gross amount before accounting for underwriting discounts, commissions and other expenses.
To read Endpoints News become a free subscriber
Unlock this article instantly, along with access to limited free monthly articles and our suite of newsletters