Alumis IPO Price Indicating $12/Share; IPO Priced At $16/Share On 13.125M Shares
Portfolio Pulse from Benzinga Newsdesk
Alumis has set its IPO price at $16 per share, higher than the initial indication of $12 per share, for a total of 13.125 million shares.
June 28, 2024 | 2:55 pm
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Alumis has priced its IPO at $16 per share, above the initially indicated $12 per share, for 13.125 million shares.
The higher IPO price suggests strong demand and positive investor sentiment, which is likely to boost the stock price in the short term.
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