Galapagos raises $275 million gross proceeds with NASDAQ IPO

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Go back to Galapagos raises $275 million gross proceeds with NASDAQ IPO

Galapagos NV (GLPG) IPO Opens up 10%

May 14, 2015 10:39 AM EDT

Today's IPO for Galapagos NV (Nasdaq: GLPG) opened for trading at $46.30 after pricing 6,550,000 new ordinary shares, consisting of 4,996,522 American Depositary Shares at $42.05 per ADS, and 1,533,478 ordinary shares at a price of 37.00 per share, both before underwriting discounts.

In addition, Galapagos has granted the underwriters an option to purchase up to an additional 749,478 new ordinary shares in the form of ADSs and an option to purchase up to an additional 233,021 new ordinary shares, representing 15% of the ordinary shares and ADSs placed in the global offering.... More

Galapagos NV (GLPG) Prices 5M ADS, 1.5M Ordinary Share IPO

May 14, 2015 9:26 AM EDT

Galapagos NV (Nasdaq: GLPG) announced the pricing of its global offering totaling $275 million gross proceeds of 6,550,000 new ordinary shares, consisting of 4,996,522 American Depositary Shares ("ADSs") at $42.05 per ADS, and 1,533,478 ordinary shares at a price of 37.00 per share, both before underwriting discounts. These shares were placed in a concurrent public offering in the US and private placement in Europe (together the "global... More