Arsanis Inc. (ASNS) Prices 4M Share IPO at $10/Sh

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Arsanis Announces Pricing of Initial Public Offering

November 15, 2017 11:20 PM EST

WALTHAM, Mass. and VIENNA, Austria, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Arsanis, Inc., a clinical-stage biopharmaceutical company focused on applying monoclonal antibody immunotherapies to address serious infectious diseases, today announced the pricing of its initial public offering of 4,000,000 shares of its common stock at a public offering price of $10.00 per share. The gross proceeds to Arsanis from the offering are expected to be $40.0 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, Arsanis has granted the underwriters a 30-day option to purchase up to 600,000 additional shares of common stock from Arsanis at the public offering... More