Odonate Therapeutics (ODT) IPO Opens Modestly Lower

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

Odonate Therapeutics Inc. (ODT) Prices 6.25M Share IPO at $24/Sh

December 7, 2017 5:41 AM EST

Odonate Therapeutics, Inc. (NASDAQ: ODT), 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, less the... More