CG Oncology Priced Its Upsized IPO Of 20M Shares Of Its Common Stock At $19.00/Share
Portfolio Pulse from Charles Gross
CG Oncology has priced an upsized initial public offering (IPO) of 20 million shares at $19.00 per share.
January 25, 2024 | 12:19 am
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CG Oncology has set the price for its IPO at $19.00 per share, offering 20 million shares to the public.
The pricing of CG Oncology's IPO is a significant event for the company, indicating a strong demand for its shares due to the upsized offering. This could lead to a positive short-term impact on the stock price as it begins trading, especially if investor sentiment is high.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100