UPDATE: Schrodinger Inc. (SDGR) Prices 11.88M Share IPO at $17/Sh
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Schrödinger Announces Pricing of Initial Public Offering
February 5, 2020 8:45 PM ESTNEW YORK--(BUSINESS WIRE)-- Schrödinger, Inc. (the Company) (Nasdaq: SDGR), whose differentiated, physics-based software platform enables discovery of high-quality, novel molecules for drug development and materials applications, today announced the pricing of its initial public offering of 11,882,352 shares of common stock at a public offering price of $17.00 per share, for total gross proceeds of approximately $202.0 million, before underwriting discounts and commissions and offering expenses payable by the Company. All of the shares are being offered and sold by the Company. The offering is expected to close on or about February 10, 2020, subject to the... More
