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IPO · PASG

Passage BIO, Inc.

Passage BIO, Inc. (PASG) priced its initial public offering on Feb 28, 2020 at $18.00 per share, within its $16.00–$18.00 range, raising $216M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $792M. Fenwick & West advised the company and Cooley advised the underwriters.

Passage Bio, Inc. is a genetic medicines company developing therapies for rare, monogenic central nervous system disorders with limited or no approved treatment options. It has a strategic research collaboration to support its work in this area.

Status
IPO
Ticker
PASG
Exchange
Nasdaq Global Select
Priced
Feb 28, 2020
IPO price
$18.00
Price range
$16.00–$18.00
Raised
$216M
Market cap at IPO price
$792M
First filed
Feb 3, 2020
Company counsel
Fenwick & West
Underwriters' counsel
Cooley
Sector
Biotech & pharma
Country / state
PA

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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