Arvinas, Inc. Prices 7.5M Share IPO at $16/Sh

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Arvinas Announces Pricing of Initial Public Offering

September 26, 2018 8:05 PM EDT

NEW HAVEN, Conn., Sept. 26, 2018 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN), a biopharmaceutical company dedicated to improving the lives of patients suffering from debilitating and life-threatening diseases through the discovery, development and commercialization of therapies to degrade disease-causing proteins, today announced the pricing of its initial public offering of 7,500,000 shares of its common stock at a public offering price of $16.00 per share, for aggregate gross proceeds of approximately $120 million, before deducting underwriting discounts and commissions and estimated offering expenses. In addition, Arvinas has granted the underwriters an option for a period of... More