Inhibrx (INBX) IPO Opens, Trades Higher

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Inhibrx Announces Pricing of Initial Public Offering of Common Stock

August 18, 2020 10:00 PM EDT

SAN DIEGO, Aug. 18, 2020 /PRNewswire/ -- Inhibrx, Inc. ("Inhibrx") (Nasdaq: INBX), a clinical-stage biotechnology company focused on developing a broad pipeline of novel biologic therapeutic candidates, today announced the pricing of its initial public offering of 7,000,000 shares of common stock at a price to the public of $17.00 per share. All of the shares of common stock are being offered by Inhibrx. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Inhibrx, are expected to be $119.0 million. Inhibrx's common stock is expected to... More