Monte Rosa Therapeutics (GLUE) Prices 11.7M Share IPO at $19/sh

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Monte Rosa Therapeutics Announces Pricing of Initial Public Offering

June 23, 2021 8:20 PM EDT

BOSTON, June 23, 2021 (GLOBE NEWSWIRE) -- Monte Rosa Therapeutics, Inc. (NASDAQ: GLUE), a biotechnology company developing a portfolio of novel small molecule precision medicines that employ the bodys natural mechanisms to selectively degrade therapeutically relevant proteins, today announced the pricing of its initial public offering of 11,700,000 shares of common stock at a public offering price of $19.00 per share. All of the shares are being offered by Monte Rosa. The shares are expected to begin trading on the Nasdaq Global Select Market on June 24, 2021 under the ticker symbol GLUE. The gross proceeds of the offering, before... More