SoftBank-backed Vir Biotechnology raises $143 million in U.S. IPO

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Vir Biotechnology Inc. (VIR) Prices 7.14M Share IPO at $20/Sh

October 11, 2019 5:53 AM EDT

Vir Biotechnology, Inc. (NASDAQ: VIR), a clinical-stage immunology company focused on combining immunologic insights with cutting-edge technologies to treat and prevent serious infectious diseases, announced today that it has priced its initial public offering of 7,142,858 shares of its common stock at a public offering price of $20.00 per share. The gross proceeds to Vir, before deducting underwriting... More