Frequency Therapeutics (NASDAQ:FREQ) has priced its initial public offering of 6M shares of common stock at $14.00 per share, for total gross proceeds of ~$84M.
Underwriters over-allotment is an additional 900K shares.
The company’s common stock is expected to begin
trading today on the Nasdaq Global Select Market and the offering is
expected to close on October 7.
Previously: Frequency Therapeutics sets IPO terms (Sept. 23)
https://seekingalpha.com/news/3503644-frequency-therapeutics-prices-initial-public-offering
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