Milestone Pharmaceuticals (MIST) IPO Opens 4% Higher

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Go back to Milestone Pharmaceuticals (MIST) IPO Opens 4% Higher

Milestone Pharmaceuticals Announces Pricing of Upsized Initial Public Offering

May 8, 2019 11:02 PM EDT

MONTREAL and CHARLOTTE, N.C., May 8, 2019 /PRNewswire/ -- Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a Phase 3 clinical-stage biopharmaceutical company dedicated to developing and commercializing etripamil for the treatment of cardiovascular indications, today announced the pricing of its upsized initial public offering of 5,500,000 of its common shares at a public offering price of $15.00 per share.  The gross proceeds to Milestone, before deducting underwriting discounts, commissions and offering expenses, are expected to be approximately $82.5 million. All of the common shares are being offered by Milestone. In addition, Milestone has granted certain of the... More