CRISPR Therapeutics AG (CRSP) IPO Opens Up 7%

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Go back to CRISPR Therapeutics AG (CRSP) IPO Opens Up 7%

CRISPR Therapeutics (CRSP) Prices 4M Common Stock IPO at $14/Share, Below Prior Expectations

October 19, 2016 6:15 AM EDT

CRISPR Therapeutics AG (Nasdaq: CRSP) announced the pricing of its initial public offering of 4,000,000 common shares at a public offering price of $14.00 per share. In addition, CRISPR Therapeutics has granted the underwriters a 30-day option to purchase up to 600,000 additional common shares at the initial public offering price, less the underwriting discounts and commissions. CRISPR Therapeutics common shares are expected to begin trading on the NASDAQ Global Market under the ticker symbol CRSP on October 19, 2016. The offering is expected to close on October 24, 2016, subject to customary closing conditions.

(*** Note: The company... More