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Rapport talks up $122M IPO to support proof-of-concept epilepsy trials

cafead

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  • cafead   Jun 03, 2024 at 10:32: PM
via Rapport Therapeutics is talking up a $122 million IPO, the first in a return to public market interest since an earlier rush this year.

The Third Rock epilepsy biotech is offering 8 million shares, with a range of $16 and $18. Assuming the $17 mid-range price, the offering could net as much as $136 million. The underwriters will have a chance to buy an additional 1.2 million shares.

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