Stock Market News

PepGen IPO Gains on Open, Trends Back to IPO Price

2022.05.06 18:57

PepGen IPO Gains on Open, Trends Back to IPO Price
PepGen (PEPG) IPO Gains on Open, Trends Back to IPO Price

Today’s IPO for PepGen, Inc (PEPG) opened for trading earlier today at $15.60 per share after pricing 9,000,000 shares of common stock at $12. Shares have since fell back to $12.

BofA Securities, SVB Securities, and Stifel are acting as joint book-running managers for the offering. Wedbush PacGrow is acting as lead-manager for the offering.

PepGen is a clinical-stage biotechnology company advancing the next generation of oligonucleotide therapies with the goal of transforming the treatment of severe neuromuscular and neurological diseases.

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