I-Mab (IMAB) Prices 7.47M ADS IPO at $14/ADS

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I-Mab (IMAB) IPO Opens Higher

January 17, 2020 10:08 AM EST

Today's IPO for I-Mab (NASDAQ: IMAB) opened for trading at $14.75 after pricing 7,407,400 American Depositary Shares (ADSs), each ten (10) ADSs representing twenty-three (23) ordinary shares of the Company, par value US$0.0001 per share, at US$14.00 per ADS.

The Company has granted the underwriters an option to purchase up to an additional 1,111,110 ADSs within 30 days from the date of the final prospectus at... More