Praxis Precision Medicines Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares
Praxis Precision Medicines, Inc. (PRAX)
Company Research
Source: GlobeNewswire
CAMBRIDGE, Mass., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system disorders characterized by neuronal imbalance, today announced the closing of its upsized initial public offering of 11,500,000 shares of common stock, including the exercise in full by the underwriters of their option to purchase up to 1,500,000 additional shares of common stock, at a public offering price of $19.00 per share. The aggregate gross proceeds to Praxis from the offering, before deducting underwriting discounts and commissions, and other estimated offering expenses payable by Praxis, were $218.5 million. All of the shares in the offering were sold by Praxis. The shares began trading on the Nasdaq Global Select Market on October 16, 2020, under the ticker symbol “PRAX.” Cowen, Evercore ISI and Piper Sandler acted as joint book-running manag
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PRAX
News
- Praxis Precision Medicines to Present on Ulixacaltamide at the American Academy of Neurology 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines to Present on Ulixacaltamide at the American Academy of Neurology 2024 Annual MeetingGlobeNewswire
- Praxis Precision Medicines (PRAX) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines to Participate in Upcoming April Conferences [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines to Participate in Upcoming April ConferencesGlobeNewswire
PRAX
Earnings
- 3/5/24 - Beat
PRAX
Sec Filings
- 3/29/24 - Form 8-K
- 3/29/24 - Form 424B5
- 3/27/24 - Form 424B5
- PRAX's page on the SEC website