Lyra Therapeutics, Inc. (LYRA) Prices 3.5M Share IPO at $16/Sh

Go back to Lyra Therapeutics, Inc. (LYRA) Prices 3.5M Share IPO at $16/Sh

Lyra Therapeutics Announces Pricing of Initial Public Offering

April 30, 2020 9:24 PM EDT

WATERTOWN, Mass.--(BUSINESS WIRE)-- Lyra Therapeutics, Inc. (Nasdaq: LYRA) today announced the pricing of its initial public offering of 3,500,000 shares of common stock at a public offering price of $16.00 per share, before deducting underwriting discounts and commissions. All of the common stock is being offered by Lyra. The offering is expected to close on May 5, 2020, subject to customary closing conditions. In addition, Lyra has granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock at the initial public offering... More