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Deciphera Pharmaceuticals Announces Pricing of Initial Public Offering

DECIPHERA PHARMACEUTICALS (DCPH)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: deciphera.com/investor-relations
PDF WALTHAM, Mass., Sept. 27, 2017 (GLOBE NEWSWIRE) -- Deciphera Pharmaceuticals, Inc. (NASDAQ:DCPH), a clinical-stage biopharmaceutical company focused on addressing key mechanisms of tumor drug resistance, today announced the pricing of its initial public offering of 7,500,000 shares of common stock at a public offering price of $17.00 per share for aggregate gross proceeds of $127,500,000. All of the shares of common stock are being offered by Deciphera. In addition, Deciphera granted the underwriters a 30-day option to purchase up to 1,125,000 additional shares of its common stock at the initial public offering price. The shares are scheduled to begin trading on the NASDAQ Global Select Market on September 28, 2017 under the ticker symbol “DCPH.” The offering is expected to close on October 2, 2017, subject to customary closing conditions. J.P. Morgan and Piper Jaffray & Co. are acting as joint book-running managers for the offering. JMP Securities LLC is acting as lead manager and [Read more]

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