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IPO · FREQ

Korro Bio, Inc.

Formerly Frequency Therapeutics, Inc.

Korro Bio, Inc. (FREQ) priced its initial public offering on Oct 4, 2019 at $14.00 per share, within its $14.00–$16.00 range, raising $84M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $426.4M. Simpson Thacher advised the underwriters.

Status
IPO
Ticker
FREQ
Exchange
Nasdaq Global Select
Priced
Oct 4, 2019
IPO price
$14.00
Price range
$14.00–$16.00
Raised
$84M
Market cap at IPO price
$426.4M
First filed
Sep 6, 2019
Underwriters' counsel
Simpson Thacher
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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