Axcella Health Inc. (AXLA) Prices 3.57M Share IPO at $20/Sh

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Go back to Axcella Health Inc. (AXLA) Prices 3.57M Share IPO at $20/Sh

Axcella Health Announces Pricing of Initial Public Offering

May 8, 2019 8:41 PM EDT

CAMBRIDGE, Mass., May 08, 2019 (GLOBE NEWSWIRE) -- Axcella Health Inc., a biotechnology company pioneering the research and development of novel multifactorial interventions to address dysregulated metabolism and support health, today announced the pricing of its initial public offering of 3,571,428 shares of common stock at a public offering price of $20.00 per share, before underwriting discounts and commissions.  In addition, Axcella has granted the underwriters a 30-day option to purchase up to an additional 535,714 shares of common stock at the initial public offering price, less the underwriting discounts and commissions.  Axcellas common stock is expected to begin trading on The... More