Seres Therapeutics (MCRB) IPO Prices at $18, Above Expected Range

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Seres Therapeutics, Inc. Announces Pricing of Initial Public Offering

June 25, 2015 8:00 PM EDT

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Seres Therapeutics, Inc. today announced the pricing of its initial public offering of 7,430,555 shares of common stock at a public offering price of $18.00 per share, before underwriting discounts and commissions. All of the common stock is being offered by Seres Therapeutics. In addition, Seres Therapeutics granted the underwriters a 30-day option to purchase up to an additional 1,114,583 shares of common stock from the company at the public offering price. The company's... More