Tarsus Pharmaceuticals, Inc. (TARS) Prices 5.5M Share IPO at $16/Sh

Go back to Tarsus Pharmaceuticals, Inc. (TARS) Prices 5.5M Share IPO at $16/Sh

Tarsus Pharmaceuticals Inc. Announces Pricing of Initial Public Offering

October 15, 2020 8:34 PM EDT

IRVINE, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc., (Tarsus) a late clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutic candidates to address large market opportunities initially in ophthalmic conditions, today announced the pricing of its initial public offering of 5,500,000 shares of common stock at a public offering price of $16.00 per share, for gross proceeds of $88.0 million, before underwriting discounts, commissions, and offering expenses payable by Tarsus. In addition, Tarsus has granted the underwriters an option for a period of 30 days to purchase up to 825,000 additional shares of common stock at the initial public... More