Alto Neuroscience (ANRO) Prices Upsized 8.04M Share IPO at $16/sh
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Alto Neuroscience Announces Pricing of Upsized Initial Public Offering
February 1, 2024 8:57 PM ESTLOS ALTOS, Calif.--(BUSINESS WIRE)-- Alto Neuroscience, Inc. (Alto) (NYSE: ANRO) today announced the pricing of its upsized initial public offering of 8,040,000 shares of common stock at a public offering price of $16.00 per share. The aggregate gross proceeds to Alto from the offering are expected to be approximately $128.6 million before deducting underwriting discounts and commissions and other offering expenses payable by Alto. In addition, Alto has granted the underwriters a 30-day option to purchase up to an additional 1,206,000 shares of common stock at the initial public offering price, less underwriting discounts... More
