Axsome Therapeutics (AXSM) IPO Opens, Trades Flat

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Axsome Therapeutics Announces Pricing of Initial Public Offering

November 19, 2015 11:39 AM EST

NEW YORK, Nov. 19, 2015 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc., a clinical stage biopharmaceutical company developing novel therapies for the management of pain and other central nervous system (CNS) disorders, today announced the pricing of its initial public offering of 5,666,667 shares of its common stock at a public offering price of $9.00 per share. Axsome Therapeutics has granted the underwriters a 30-day option to purchase up to an aggregate of 850,000 additional shares of common stock at the initial public offering price to cover any over-allotments. The shares are expected to begin trading on the NASDAQ Capital Market on November 19,... More