I-Mab (IMAB) has priced its initial public offering of 7,407,400 American Depositary Shares (“ADSs”), every 10 ADSs representing 23 ordinary shares of the Company, at $14.00 per ADS, for expected gross proceeds of ~103.7M.
Underwriters’ over-allotment is an additional 1,111,110 ADSs.
The ADSs will begin trading today on Nasdaq under the symbol “IMAB”.
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