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Friday, July 24, 2020

Annexon pricing IPO above range at $17

Degenerative disease biotech Annexon Biosciences (ANNX) has priced its IPO of 14.75M common shares at $17.00/share (above range of $14-16), for expected gross proceeds of ~$250.8M.
Underwriters’ over-allotment is an additional 2,212,500 shares.
Trading kicks off today. Closing date is July 28.
Previously: Annexon sets IPO terms (July 20)

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