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City Therapeutics Announces Closing of $230.0 Million Upsized Initial Public Offering, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares
Globenewswire· 2026-10-20 04:01
CAMBRIDGE, Mass., Oct. 19, 2026 (GLOBE NEWSWIRE) -- City Therapeutics, Inc. (Nasdaq: CTY) (“City” or “City Therapeutics”), a clinical-stage biotechnology company developing the next generation of RNA interference (RNAi) therapeutics, today announced the closing of its upsized initial public offering of 12,777,777 shares of its common stock at a public offering price of $18.00 per share, which includes 1,666,666 shares issued upon the exercise in full by the underwriters of their option to purchase additiona ...