Cargo Therapeutics, Inc To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
Cargo Therapeutics, Inc (NASDAQ:CRGX) is set to start trading on the NASDAQ exchange on November 10. The company is offering shares at an expected price between $15.00 and $17.00 per share with an insider lock-up period of 180 days ending on May 08, 2024. Cargo Therapeutics is a clinical-stage biotechnology company focused on advancing cell therapies for cancer patients.
November 09, 2023 | 3:00 pm
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Cargo Therapeutics is set to start trading on NASDAQ. The IPO price is expected to be between $15 and $17 per share. The company is a clinical-stage biotech firm focused on cell therapies for cancer.
The news of the IPO is directly related to Cargo Therapeutics and will likely have a significant impact on the company's stock price. The expected price range indicates the company's valuation and the lock-up period shows the company's commitment to long-term growth. The company's focus on cell therapies for cancer could attract investors interested in the biotech sector.
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IMPORTANCE 80
RELEVANCE 100