Metagenomi Announces Pricing of Initial Public Offering
Metagenomi, Inc. (MGX)
Company Research
Source: GlobeNewswire
EMERYVILLE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Metagenomi, Inc. (Nasdaq: MGX) (“Metagenomi”), a precision genetic medicines company committed to developing curative therapeutics for patients using its proprietary, comprehensive metagenomics-derived gene editing toolbox, today announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a price to the public of $15.00 per share. The gross proceeds to Metagenomi from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be $93,750,000. All of the shares are being offered by Metagenomi. In addition, Metagenomi has granted the underwriters a 30-day option to buy an additional 937,500 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the Nasdaq Global Select Market on February 9, 2024 under the ticker symbol “MGX.” The offering is ex
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MGX
News
- Metagenomi, Inc. (NASDAQ: MGX) is now covered by analysts at HC Wainwright. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
- Metagenomi, Inc. (NASDAQ: MGX) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $6.00 price target on the stock, down previously from $16.00.MarketBeat
- Metagenomi to regain full development rights to its wholly-owned base editing and RIGS systems [Yahoo! Finance]Yahoo! Finance
- Metagenomi to regain full development rights to its wholly-owned base editing and RIGS systemsGlobeNewswire
- Metagenomi to Present at Upcoming Scientific MeetingsGlobeNewswire
MGX
Sec Filings
- 5/10/24 - Form SC
- 5/1/24 - Form 8-K
- 4/3/24 - Form 4
- MGX's page on the SEC website