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IPO · FULC

Fulcrum Therapeutics, Inc.

Fulcrum Therapeutics, Inc. (FULC) priced its initial public offering on Jul 18, 2019 at $16.00 per share, raising $72M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $373.4M. WilmerHale advised the company and Ropes & Gray advised the underwriters.

Fulcrum Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on genetically defined rare diseases. It uses a product engine to identify drug targets that modulate gene expression, and its candidate losmapimod is headed for a Phase 2b trial in facioscapulohumeral muscular dystrophy, with programs in sickle cell disease and beta-thalassemia.

Status
IPO
Ticker
FULC
Exchange
Nasdaq Global Market
Priced
Jul 18, 2019
IPO price
$16.00
Raised
$72M
Market cap at IPO price
$373.4M
First filed
Jun 21, 2019
Company counsel
WilmerHale
Underwriters' counsel
Ropes & Gray
Sector
Biotech & pharma
Country / state
MA

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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