Ticker Launch

IPO · LGVN

Longeveron Inc.

Formerly LONGEVERON LLC

Longeveron Inc. (LGVN) priced its initial public offering on Feb 12, 2021 at $10.00 per share, within its $10.00–$12.00 range, raising $26.6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $187.1M. Kingswood was lead-left underwriter, joined by Benchmark. Nelson Mullins advised the underwriters.

Longeveron Inc. is a clinical-stage biotechnology company developing cellular therapies for aging-related and life-threatening conditions. Its lead product, Lomecel-B, is derived from medicinal signaling cells from young donors' bone marrow and is in Phase 1 and 2 trials for aging frailty, Alzheimer's disease and other conditions.

Status
IPO
Ticker
LGVN
Exchange
Nasdaq Capital Market
Priced
Feb 12, 2021
IPO price
$10.00
Price range
$10.00–$12.00
Raised
$26.6M
Market cap at IPO price
$187.1M
First filed
Jan 19, 2021
Underwriters
Kingswood and Benchmark
Underwriters' counsel
Nelson Mullins
Sector
Biotech & pharma
Country / state
FL

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

More on this listing for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other Biotech & pharma IPOs in 2021