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PFE Pfizer Inc

27.86
0.16 (0.58%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pfizer Inc NYSE:PFE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 0.58% 27.86 27.905 27.52 27.86 60,567,753 00:59:06

SpringWorks Therapeutics IPO Prices at High End of Range

13/09/2019 12:07am

Dow Jones News


Pfizer (NYSE:PFE)
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From May 2019 to May 2024

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By Josh Beckerman

 

Biopharmaceutical company SpringWorks Therapeutics Inc. (SWTX) said its initial public offering of 9 million shares priced at $18 each.

On Sept. 3, SpringWorks said it expected to offer 7.35 million shares at $16 to $18 each. The expected size was increased to 9 million shares earlier Thursday.

Pfizer Inc. (PFE), which licensed nirogacestat to SpringWorks in 2017, will have a post-IPO stake of about 10.9%, according to a filing. Bain Capital and OrbiMed Advisors will each own about 17%.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 12, 2019 18:52 ET (22:52 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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