PMV Pharmaceuticals (PMVP) has priced its initial public offering at $18/share, at the top of previously expected range of $16-18.
Trading kicks off today.
The company said that it sold ~11.8M shares in the offering, which was recently upsized from 7.4M shares, to raise $211.8M.
With 43M outstanding shares, the offer price values the company at ~$774M.
https://seekingalpha.com/news/3617246-pmv-pharma-prices-ipo-18-share-trading-starts-today
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