Unum Therapeutics (UMRX) IPO Opens Modestly Lower

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Unum Therapeutics Announces Pricing of Initial Public Offering

March 28, 2018 9:35 PM UTC

CAMBRIDGE, Mass., March 28, 2018 (GLOBE NEWSWIRE) -- Unum Therapeutics Inc. (NASDAQ: UMRX) (Unum Therapeutics), a clinical-stage biopharmaceutical company focused on the development of novel immunotherapy products designed to harness the power of a patients immune system to cure cancer, today announced the pricing of its initial public offering of 5,770,000 shares of common stock at a public offering price of $12 per share. In addition, Unum Therapeutics has granted the underwriters a 30-day option to purchase up to 865,500 additional shares of common stock at the initial public offering price, less the underwriting discounts and commissions. Unum... More