IPOs

Cancer biotech Codiak BioSciences prices IPO at $15 midpoint

Codiak BioSciences, an early stage biotech developing novel exosome therapeutics for cancers, raised $83 million by offering 5.5 million shares at $15, the midpoint of the $14 to $16 range. 

Codiak BioSciences plans to list on the Nasdaq under the symbol CDAK. Goldman Sachs, Evercore ISI, and William Blair acted as joint bookrunners on the deal.

The article Cancer biotech Codiak BioSciences prices IPO at $15 midpoint originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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