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Talis Biomedical Corp. (TLIS) Prices 13.8M Share IPO at $16/Sh

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Talis Announces Pricing of Initial Public Offering

February 11, 2021 11:39 PM EST

MENLO PARK, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Talis Biomedical Corporation (Nasdaq: TLIS), a company dedicated to developing innovative molecular diagnostic tests for infectious diseases at the point-of-care, today announced the pricing of its initial public offering of 13,800,000 shares of its common stock at a public offering price of $16.00 per share. The gross proceeds to Talis from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Talis, are expected to be approximately $220.8 million. In addition, Talis has granted the underwriters a 30-day option to purchase up to... More