Galapagos NV (GLPG) IPO Opens up 10%

Go back to Galapagos NV (GLPG) IPO Opens up 10%

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