Merus (MRUS) Prices 5.5M Common Stock IPO at $10/Share

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Go back to Merus (MRUS) Prices 5.5M Common Stock IPO at $10/Share

Merus B.V. (MRUS) IPO Opens Modestly Lower

May 19, 2016 10:28 AM EDT

Today's IPO for Merus B.V. (Nasdaq: MRUS) opened for trading at $9.75 after pricing 5,500,000 common shares at an initial public offering price of $10.00 per share, below the expected $14-$16 range. The size of the offering was increased from 4,333,333.

Citigroup Global Markets Inc. and Jefferies LLC are acting as joint book-running managers for the offering, Guggenheim Securities, LLC is acting as lead manager for the offering and Wedbush PacGrow is acting as co-manager for the offering.

Merus B.V. is a clinical-stage immuno-oncology company... More