Apellis Pharmaceuticals (APLS) Prices 10.7M Share IPO at $14/Sh
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Apellis Pharmaceuticals Announces Pricing of Initial Public Offering
November 8, 2017 9:38 PM ESTCRESTWOOD, Ky., Nov. 08, 2017 (GLOBE NEWSWIRE) -- Apellis Pharmaceuticals, Inc. (NASDAQ: APLS), a clinical-stage biopharmaceutical company focused on the development of novel therapeutic compounds to treat disease through the inhibition of the complement system, today announced the pricing of its initial public offering of 10,714,000 shares of common stock at a public offering price of $14.00 per share, for total gross proceeds of approximately $150.0 million, before deducting underwriting discounts and commissions and expenses payable by Apellis. In addition, Apellis has granted the underwriters a 30-day option to purchase up to 1,607,100 additional shares of common stock at... More
