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IPO · AKRO

Akero Therapeutics, Inc.

Akero Therapeutics, Inc. (AKRO) priced its initial public offering on Jun 20, 2019 at $16.00 per share, within its $14.00–$16.00 range, raising $92M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $432.7M. Cooley advised the underwriters.

Status
IPO
Ticker
AKRO
Exchange
Nasdaq Global Select
Priced
Jun 20, 2019
IPO price
$16.00
Price range
$14.00–$16.00
Raised
$92M
Market cap at IPO price
$432.7M
First filed
May 24, 2019
Underwriters' counsel
Cooley
Sector
Biotech & pharma
Country / state
CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

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