Reported Earlier, Upstream Bio Prices $255M Upsized Initial Public Offering Of 15M Common Shares At $17/Share
Portfolio Pulse from Benzinga Newsdesk
Upstream Bio has priced its upsized IPO at $255 million, offering 15 million common shares at $17 each. The shares will trade on Nasdaq under the symbol 'UPB' starting October 11, 2024, with the offering expected to close on October 15, 2024.
October 11, 2024 | 7:22 am
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Upstream Bio is launching an IPO, pricing 15 million shares at $17 each, raising $255 million. Trading starts on Nasdaq on October 11, 2024.
The IPO pricing and the start of trading on Nasdaq are significant events for Upstream Bio, likely to generate investor interest and impact the stock price positively in the short term.
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