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0.00653594771241828 0.0382352941176471 0.0300653594771242 0.0326797385620915 -0.0032679738562092 -0.0183006535947712 0.000653594771241816 -0.0304967320261438
Stock impact report

Reneo Pharmaceuticals Announces Pricing of Initial Public Offering

Reneo Pharmaceuticals, Inc. (RPHM) 
Company Research Source: GlobeNewswire
SAN DIEGO, April 08, 2021 (GLOBE NEWSWIRE) -- Reneo Pharmaceuticals, Inc., a clinical stage pharmaceutical company focused on the development and commercialization of therapies for patients with rare, genetic, mitochondrial diseases, today announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a public offering price of $15.00 per share, for total gross proceeds of approximately $93.8 million, before deducting underwriting discounts and commissions and offering expenses. All of the shares are being offered by Reneo. The shares are expected to begin trading on the Nasdaq Global Market on April 9, 2021 under the symbol “RPHM.” In addition, Reneo has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock at the public offering price less underwriting discounts and commissions. The offering is expected to close on April 13, 2021, subject to satisfaction of customary closing conditions. Jefferies, Show less Read more
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