NovoCure Limited Announces Launch of Initial Public Offering

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NovoCure Limited (NVCR) IPO Opens Lower

October 2, 2015 10:43 AM EDT

Today's IPO for NovoCure Limited (Nasdaq: NVCR) opened for trading at $20.16 after pricing 12,500,000 shares of its common stock at $22, below the $23-$24 revised IPO range. Shares last traded at $19.

J.P. Morgan Securities LLC, Deutsche Bank Securities and Evercore Group... More

NovoCure (NVCR) Launches 12.5M Common Stock IPO

October 2, 2015 6:09 AM EDT

NovoCure Limited (Nasdaq: NVCR), a commercial stage oncology company pioneering a novel therapy for solid tumors, announced today the launch of its initial public offering of 12,500,000 shares of its common stock, including 7,500,000 shares to be sold by NovoCure Limited and 5,000,000 shares to be sold by selling shareholders. The initial public offer is currently expected to be between $26 and $29 per share. The underwriters for the offering will... More