ALX Oncology Holdings Inc. (ALXO) Prices 8.5M Share IPO at $19/Sh

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ALX Oncology Announces Pricing of Initial Public Offering

July 16, 2020 8:39 PM EDT

BURLINGAME, Calif., July 16, 2020 (GLOBE NEWSWIRE) -- ALX Oncology Holdings Inc. (Nasdaq: ALXO), a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, today announced the pricing of its initial public offering of 8,500,000 shares of its common stock at a public offering price of $19.00 per share. All of the shares are being offered by ALX Oncology. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses payable by ALX Oncology, are expected to be $161.5 million. The shares are expected to begin trading on the Nasdaq... More