NGM Bio Announces Pricing of Initial Public Offering

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Go back to NGM Bio Announces Pricing of Initial Public Offering

NGM Biopharmaceuticals (NGM) IPO Opens Lower

April 4, 2019 1:11 PM EDT

Today's IPO for NGM Biopharmaceuticals (NASDAQ: NGM) opened for trading at $15 after pricing 6,666,667 shares of common stock at a price to the public of $16.00 per share.

In addition, NGM has granted the underwriters a 30-day option to purchase up to 1,000,000 additional shares... More