Moderna (MRNA) Prices 26.276M Share IPO at $23/Sh

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Moderna Announces Pricing of Initial Public Offering

December 6, 2018 8:40 PM EST

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Moderna, Inc. (Nasdaq: MRNA), a clinical stage biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines to create a new generation of transformative medicines for patients, today announced the pricing of its initial public offering of 26,275,993 shares of common stock at a public offering price of $23.00 per share, before underwriting discounts and commissions. Modernas common stock is expected to begin trading on The Nasdaq Global Select Market on December 7, 2018 under the ticker symbol MRNA. All of the common stock is being offered by Moderna. The gross proceeds of the offering,... More