Kadmon Holdings (KDMN) Prices 6.25M IPO at $12/Share, Below Expected Range
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Kadmon Announces Pricing of Initial Public Offering
July 26, 2016 4:43 PM EDTNEW YORK--(BUSINESS WIRE)-- Kadmon Holdings, Inc. today announced the pricing of its initial public offering of 6,250,000 shares of common stock at $12.00 per share, before underwriting discounts and commissions. Kadmon has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the initial public offering price. Kadmons common stock is expected to begin trading on July 27, 2016, on the New York Stock Exchange under the symbol KDMN. The offering is expected to close on August 1, 2016, subject to customary closing conditions.
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