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IPO · CRGX

CARGO Therapeutics, Inc.

CARGO Therapeutics, Inc. (CRGX) priced its initial public offering on Nov 13, 2023 at $15.00 per share, within its $15.00–$17.00 range, raising $281.2M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $580.1M. Latham & Watkins advised the company and Cooley advised the underwriters.

Status
IPO
Ticker
CRGX
Exchange
Nasdaq Global Select
Priced
Nov 13, 2023
IPO price
$15.00
Price range
$15.00–$17.00
Raised
$281.2M
Market cap at IPO price
$580.1M
First filed
Oct 20, 2023
Company counsel
Latham & Watkins
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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