CG Oncology (CGON) Prices Upsized 20M Share IPO at $19/sh

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CG Oncology Announces Pricing of Upsized Initial Public Offering

January 24, 2024 7:10 PM EST

IRVINE, Calif.--(BUSINESS WIRE)-- CG Oncology, Inc. (Nasdaq: CGON), a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer, today announced the pricing of its upsized initial public offering of 20,000,000 shares of its common stock at an initial public offering price of $19.00 per share. All of the shares are being offered by CG Oncology. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $380.0 million. CG Oncologys common... More