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0.0136727958510136 0.0136727958510136 0.0200377180575201 -0.0011881188118811 0.0136727958510136 0.00495049504950497 0.0348892032060348 0.0341819896275343
Stock impact report

Tarsus Pharmaceuticals, Inc. Announces Closing of Initial Public Offering and Full Exercise by the Underwriters of Option to Purchase Additional Shares

Tarsus Pharmaceuticals, Inc. (TARS) 
Company Research Source: GlobeNewswire
IRVINE, Calif., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (“Tarsus”), a late clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutic candidates to address large market opportunities initially in ophthalmic conditions, today announced the closing of its initial public offering of 6,325,000 shares of its common stock at a price to the public of $16.00 per share, which includes 825,000 shares sold upon full exercise of the underwriters’ option to purchase additional shares of common stock. All of the shares were offered by Tarsus. The aggregate gross proceeds to Tarsus from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $101.2 million. The shares began trading on The Nasdaq Global Select Market on October 16, 2020 under the symbol “TARS.” BofA Securities, Jefferies and Raymond James acted as joint book-running managers for the offering. LifeSci Show less Read more
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