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Equillium Publicizes Pricing of Preliminary Public Offering

Equillium (Nasdaq:EQ), a biotechnology agency leveraging deep understanding of immunobiology to develop merchandise to take care of excessive autoimmune and inflammatory issues with extreme unmet medical need, proper now launched the pricing of its preliminary public offering of 4,670,000 shares of widespread stock at a public offering worth of $14.00 per share. As quoted inside the press launch: … Continued

Equillium (Nasdaq:EQ), a biotechnology agency leveraging deep understanding of immunobiology to develop merchandise to take care of excessive autoimmune and inflammatory issues with extreme unmet medical need, proper now launched the pricing of its preliminary public offering of 4,670,000 shares of widespread stock at a public offering worth of $14.00 per share.

As quoted inside the press launch:

Equillium anticipates full gross proceeds of roughly $65.4 million, sooner than deducting underwriting reductions and commissions and totally different offering payments. All shares of widespread stock are being equipped by Equillium. The shares are anticipated to begin shopping for and promoting on the Nasdaq World Market on October 12, 2018 under the ticker picture “EQ.” In addition to, Equillium has granted the underwriters a 30-day selection to purchase as a lot as an additional 700,500 shares of widespread stock on the preliminary public offering worth.

Jefferies LLC, Leerink Companions LLC and Stifel, Nicolaus & Agency, Included are showing as joint book-running managers for the offering.

Click on on proper right here to be taught the overall press launch.


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