CytomX Therapeutics (CTMX) IPO Prices at $12, Below Expected Range

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CytomX Announces Pricing of Initial Public Offering

October 7, 2015 7:35 PM EDT

SOUTH SAN FRANCISCO, Calif., Oct. 7, 2015 /PRNewswire/ -- CytomX Therapeutics, Inc., a biopharmaceutical company developing Probody therapeutics for the treatment of cancer, today announced the pricing of its initial public offering of 6,666,667 shares of common stock at an initial public offering price of $12 per share, before underwriting discounts and commissions. In addition, the underwriters have a 30-day option to purchase up to an additional 1,000,000 shares of common stock from CytomX.... More