NovoCure Limited (NVCR) IPO Opens Lower
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NovoCure Limited Announces Launch of Initial Public Offering
October 1, 2015 9:07 PM EDTST. HELIER, Jersey--(BUSINESS WIRE)-- NovoCure Limited, a commercial stage oncology company pioneering a novel therapy for solid tumors, announced today the launch of its initial public offering of 12,500,000 shares of its common stock, including 7,500,000 shares to be sold by NovoCure Limited and 5,000,000 shares to be sold by selling shareholders. The initial public offer is currently expected to be between $26 and $29 per share. The underwriters for the offering will also have a 30-day option to purchase up to an additional 1,875,000 ordinary shares from the selling shareholders. NovoCure Limited has applied to list its common stock on the NASDAQ... More
