AbCellera Biologics Inc. (ABCL) Prices 24.150M Share IPO at $20/Sh

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AbCellera Announces Pricing of Initial Public Offering

December 10, 2020 10:47 PM EST

VANCOUVER, British Columbia--(BUSINESS WIRE)-- AbCellera Biologics Inc. (AbCellera), a technology company that aims to become the centralized operating system for next-generation antibody discovery, today announced the pricing of its initial public offering of 24,150,000 common shares at a price to the public of $20.00 per share. All of the common shares are being offered by AbCellera. In addition, AbCellera has granted the underwriters a 30-day option to purchase up to 3,622,500 additional common shares at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on The Nasdaq Global Select Market on December 11, 2020 under... More