Odonate Therapeutics Announces Pricing of Initial Public Offering
Odonate Therapeutics, Inc. (ODT)
Last odonate therapeutics, inc. earnings: 4/28 08:15 am
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Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)-- Odonate Therapeutics, Inc. (the Company or Odonate), a pharmaceutical company dedicated to the development of best-in-class therapeutics that improve and extend the lives of patients with cancer, today announced the pricing of its initial public offering of 6,250,000 shares of common stock at a public offering price of $24.00 per share for aggregate gross proceeds of approximately $150 million. All of the shares of common stock are being offered by Odonate. In addition, Odonate has granted the underwriters a 30-day option to purchase up to 937,500 additional shares of its common stock at the initial public offering price, less the underwriting discount. The shares are expected to begin trading on the NASDAQ Global Select Market on December 7, 2017 under the ticker symbol “ODT.” The offering is expected to close on December 11, 2017, subject to customary closing conditions. Go
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