Spark Therapeutics (ONCE) Prices 7M Common IPO at $23/Share, Above Expected Range

Spark Therapeutics (Nasdaq: ONCE) announced the pricing of its initial public offering of 7,000,000 shares of common stock at a public offering price of $23.00 per share, before underwriting discounts. All of the shares in the offering are being sold by Spark. In addition, Spark has granted the underwriters an option to purchase up to 1,050,000 additional shares of common stock at the public offering price, less the underwriting discount. Spark's common stock has been approved for listing on the NASDAQ Global Select Market and is expected to begin trading under the symbol "ONCE" on January 30, 2015.

*** The company was previously looking for a price range of $19 to $21 per share.

J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting as lead book-running managers for the offering. Cowen and Company, LLC is acting as lead manager and Sanford C. Bernstein & Co., LLC is acting as co-manager.

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