Personalis Prices Initial Public Offering of Common Stock

Personalis, Inc., a leader in advanced genomics for cancer, today announced the pricing of its initial public offering of 7,921,500 shares of common stock at a price to the public of $17.00 per share. All of the shares of common stock are being offered by Personalis. In addition, Personalis has granted the underwriters a 30-day option to purchase up to an additional 1,188,225 shares of common stock from Personalis at the public offering price less underwriting discounts and commissions. The company’s shares are expected to begin trading on The Nasdaq Global Market on Thursday, June 20, 2019 under the trading symbol “PSNL.” The offering is expected to close on June 24, 2019, subject to the satisfaction of customary closing conditions.

Morgan Stanley, BofA Merrill Lynch and Cowen are acting as joint book-running managers for the offering. Oppenheimer & Co. Inc. is acting as co-manager for the offering.

https://www.biospace.com/article/releases/personalis-prices-initial-public-offering-of-common-stock/