Eliem Therapeutics, Inc. (ELYM) Prices 6.4M Share IPO at $12.50/sh

Go back to Eliem Therapeutics, Inc. (ELYM) Prices 6.4M Share IPO at $12.50/sh

Eliem Therapeutics Announces Pricing of Initial Public Offering

August 9, 2021 10:33 PM EDT

SEATTLE and CAMBRIDGE, United Kingdom, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Eliem Therapeutics, Inc., a clinical-stage biotechnology company focused on developing novel therapies for neuronal excitability disorders to address unmet needs in chronic pain, psychiatry, epilepsy and other disorders of the peripheral and central nervous systems, today announced the pricing of its initial public offering of 6,400,000 shares of common stock at a public offering price of $12.50 per share. All of the shares are being offered by Eliem. Eliem has granted the underwriters a 30-day option to purchase up to an additional 960,000 shares of common stock at the initial public... More