Entasis Therapeutics Holdings Inc. (ETTX) Prices 5M Share IPO at $15/Sh

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Entasis Therapeutics Announces Pricing of Initial Public Offering

September 25, 2018 9:56 PM EDT

WALTHAM, Mass., Sept. 25, 2018 (GLOBE NEWSWIRE) -- Entasis Therapeutics Holdings Inc. (Nasdaq: ETTX), a clinical-stage biopharmaceutical company focused on the discovery and development of novel antibacterial products, announced today that it has priced its initial public offering of 5,000,000 shares of its common stock at a public offering price of $15.00 per share.  The gross proceeds to Entasis, before deducting underwriting discounts, commissions and offering expenses, are expected to be approximately $75 million.  All of the common stock is being offered by Entasis.  In addition, Entasis has granted the underwriters a 30-day option to purchase up... More