Allena Pharmaceuticals (ALNA) IPO Opens at $12, Priced at $14
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Allena Pharmaceuticals, Inc. Announces Pricing of Initial Public Offering
November 1, 2017 9:03 PM EDTNEWTON, Mass., Nov. 01, 2017 (GLOBE NEWSWIRE) -- Allena Pharmaceuticals, Inc., a late-stage clinical biopharmaceutical company dedicated to developing and commercializing first-in-class, oral enzyme therapeutics to treat patients with rare and severe metabolic and kidney disorders, today announced the pricing of its initial public offering of 5,333,333 shares of common stock at a public offering price of $14.00 per share, before underwriting discounts and commissions, for gross proceeds of approximately $75 million. All of the shares are being offered by Allena. In addition, Allena has granted the underwriters a 30-day option to purchase up to an additional 800,000 shares of common stock at... More
