Galecto Inc. (GLTO) Prices 5.667M Share IPO at $15/Sh

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Go back to Galecto Inc. (GLTO) Prices 5.667M Share IPO at $15/Sh

Galecto Announces Pricing of Initial Public Offering

October 28, 2020 9:11 PM EDT

BOSTON and COPENHAGEN, Denmark, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Galecto, Inc. (NASDAQ: GLTO), a clinical-stage biotechnology company developing therapeutics that are designed to target the biological processes that lie at the heart of fibrosis and impact a broad range of fibrotic and related diseases, including cancer, today announced the pricing of its initial public offering of 5,666,667 shares of common stock at a public offering price of $15.00 per share. All of the shares are being offered by Galecto. The shares are expected to begin trading on the Nasdaq Global Market on October 29, 2020 under the ticker symbol... More