Home / Market News / Pediatric cancer biotech Y-mAbs Therapeutics raises $96 million in IPO

Pediatric cancer biotech Y-mAbs Therapeutics raises $96 million in IPO

Pediatric cancer biotech Y-mAbs Therapeutics Inc. priced its initial public offering late Thursday at $16 a share, selling 6 million shares to raise $96 million. Shares will start trading later Friday on Nasdaq, under the ticker symbol “YMAB”. BofA Merrill Lynch and Cowen were joint bookrunners on the deal with Canaccord Genuity acting as lead manager and BTIG acting as co-manager.

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