Y-mAbs Therapeutics, Inc. Prices 6M Share IPO at $16/Sh

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Y-mAbs Therapeutics Announces Pricing of Initial Public Offering

September 20, 2018 8:25 PM EDT

NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Y-mAbs Therapeutics, Inc. (the Company or Y-mAbs) (Nasdaq: YMAB) a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel, antibody-based therapeutic products for the treatment of cancer, today announced the pricing of its initial public offering of 6,000,000 shares of common stock at a public offering price of $16.00 per share, for gross proceeds of $96 million, before underwriting discounts and commissions and estimated offering expenses payable by the Company. All shares are being offered by the Company.

In addition, the Company has granted the... More