Odonate Therapeutics (ODT) IPO Opens Modestly Lower

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Go back to Odonate Therapeutics (ODT) IPO Opens Modestly Lower

Odonate Therapeutics Announces Pricing of Initial Public Offering

December 6, 2017 8:55 PM EST

SAN DIEGO--(BUSINESS WIRE)-- Odonate Therapeutics, Inc. (the Company or Odonate), a pharmaceutical company dedicated to the development of best-in-class therapeutics that improve and extend the lives of patients with cancer, today announced the pricing of its initial public offering of 6,250,000 shares of common stock at a public offering price of $24.00 per share for aggregate gross proceeds of approximately $150 million. All of the shares of common stock are being offered by Odonate. In addition, Odonate has granted the underwriters a 30-day option to purchase up to 937,500 additional shares of its common stock at the initial public offering price,... More