Form EFFECT ARMO BioSciences, Inc.

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ARMO BioSciences (ARMO) IPO Opens Up 65%

January 26, 2018 10:55 AM EST

Today's IPO for ARMO BioSciences (NASDAQ: ARMO) opened for trading at $28 after pricing 7,529,412 shares of its common stock at a price to the public of $17.00 per share.

In addition, ARMO has granted the underwriters a 30-day option to purchase up to an additional 1,129,411 shares of common stock at the public offering price, less underwriting discounts and... More