Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Metsera Inc, a clinical-stage biotechnology company, said on Thursday that it had priced its initial public offering of 15,277,778 shares of its common stock at a price to the public of $18.00 per share.

The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company, are expected to be about $275.0 million.

The company’s common stock is expected to be listed on the Nasdaq Global Select Market under the ticker symbol “MTSR” on January 31st.

BofA Securities, Goldman Sachs & Co. LLC, Evercore ISI, Guggenheim Securities and Cantor are serving as joint bookrunners for the offering, which is expected to close on February 3rd.

The underwriters have been granted a 30-day option to buy up to additional 2,291,666 shares of common stock at the IPO price less underwriting discounts and commissions.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: GBP/USD remains rangebound ahead of BoE monetary policy decisionForex Market: GBP/USD remains rangebound ahead of BoE monetary policy decision GBP/USD traded within a tight range on Thursday prior to Bank of England's monetary policy decision and after recent macroeconomic reports showed rising number of jobless claims and slowing consumer price inflation in the United […]
  • Forex Market: EUR/HKD daily trading forecastForex Market: EUR/HKD daily trading forecast Yesterday’s trade saw EUR/HKD within the range of 9.6338-9.6887. The pair closed at 9.6754, gaining 0.31% on a daily basis.At 7:34 GMT today EUR/HKD was down 0.27% for the day to trade at 9.6484. The pair broke the first key daily support […]
  • Forex Market: EUR/SEK daily forecastForex Market: EUR/SEK daily forecast During yesterday’s trading session EUR/SEK traded within the range of 9.2427-9.3035 and closed at 9.2668.At 6:10 GMT today EUR/SEK was adding 0.04% for the day to trade at 9.2664. The pair touched a daily high at 9.2686 at 5:50 […]
  • Forex Market: GBP/BGN trading outlook for May 2ndForex Market: GBP/BGN trading outlook for May 2nd Friday’s trade saw GBP/BGN within the range of 2.4927-2.5212. The pair closed at 2.4950, falling 0.89% on a daily basis. It has been the 7th drop in the past 21 trading days and also the sharpest one since April 1st, when the pair depreciated […]
  • Ford announces discount on its Mustang Mach-E in ChinaFord announces discount on its Mustang Mach-E in China Ford Motor Co (F) on Wednesday announced a discount of 40,000 yuan ($5,700) on its Mustang Mach-E electric sport-utility vehicles in China until the end of April.China-based clients can now buy the Mustang Mach-E at prices starting at […]
  • Volkswagen share price down, investigates vehicles after Takata air bag ruptureVolkswagen share price down, investigates vehicles after Takata air bag rupture German carmaker Volkswagen AG is investigating recently manufactured vehicles fitted with Takata Corp. side air bags after one of the safety devices ruptured in June in a 2015 model Tiguan SUV.US safety regulators said on Monday they have […]