Imago BioSciences, Inc. Announces Closing of $134.4 Million Initial Public Offering
2021-07-21
By
Imago BioSciences, Inc. (“Imago”) (NASDAQ:
IMGO), a clinical stage biopharmaceutical company discovering new medicines for
the treatment of myeloproliferative neoplasms (MPNs), today announced the
closing of $134.4 million in gross proceeds from its previously announced
initial public offering and $20.0 million in gross proceeds from its concurrent
private placement.
The initial public offering of 8,400,000
shares of common stock at a public offering price of $16.00 per share resulted
in aggregate gross proceeds to Imago of $134.4 million, before deducting
underwriting discounts, commissions and offering expenses. All of the shares in
the initial public offering were offered by Imago.
Imago’s common stock is now listed on The
Nasdaq Global Select Market under the ticker symbol “IMGO”.