other material
confidence high
sentiment positive
materiality 0.80
RayzeBio closes upsized IPO of 19.87M shares at $18.00, raising ~$336.7M gross proceeds
RayzeBio, Inc.
- Closed IPO of 19,869,240 shares at $18.00 per share, including full exercise of underwriters' option for 2,591,640 additional shares.
- Gross proceeds to RayzeBio of approximately $336.7 million before underwriting discounts and expenses.
- Selling stockholder sold 1,163,000 shares; RayzeBio received no proceeds from those sales.
- Shares began trading on Nasdaq Global Market on September 15, 2023 under ticker RYZB.
- Joint book-running managers: J.P. Morgan, Jefferies, Evercore ISI, Truist Securities.