Syros Pharmaceuticals (SYRS) IPO Opens Up 20%

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Syros Pharmaceuticals Announces Pricing of Initial Public Offering

June 29, 2016 8:34 PM EDT

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Syros Pharmaceuticals today announced the pricing of its initial public offering of 4,000,000 shares of its common stock at a public offering price of $12.50 per share, before underwriting discounts and commissions. In addition, Syros has granted the underwriters a 30-day option to purchase up to 600,000 additional shares of common stock from Syros at the public offering price, less the underwriting discount and commissions, to cover over-allotments, if any. All of the shares are being offered by Syros Pharmaceuticals. The Companys shares are scheduled to begin trading on The NASDAQ Global Select Market on June 30, 2016... More