Vor Biopharma (VOR) IPO Opens 122% Higher
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Today's IPO for Vor Biopharma (NASDAQ: VOR) opened for trading at $40.02 after pricing 9,828,017 shares of its common stock at a price to the public of $18.00 per share.
Goldman Sachs and Co. LLC, Evercore ISI, Barclays and Stifel are acting as joint book-running managers for the offering.
Vor Biopharma is a cell therapy company that aims to transform the lives of cancer patients by pioneering eHSC therapies to create next-generation, treatment-resistant transplants that unlock the potential of targeted therapies. By removing biologically redundant proteins from eHSCs, we design these cells and their progeny to be treatment-resistant to complementary targeted therapies, thereby enabling these therapies to selectively destroy cancerous cells while sparing healthy cells.
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