Ticker Launch

IPO · RAIN

Rain Oncology Inc.

Formerly Rain Therapeutics Inc.

Rain Oncology Inc. (RAIN) priced its initial public offering on Apr 23, 2021 at $17.00 per share, within its $16.00–$18.00 range, raising $125M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $441.5M. Gibson Dunn advised the company and Latham & Watkins advised the underwriters.

Rain Oncology Inc. is a clinical-stage precision oncology company developing therapies for tumors with specific genetic drivers, selecting patients by genetics rather than tumor type. Its lead candidate, RAIN-32 (milademetan), is an oral MDM2 inhibitor.

Status
IPO
Ticker
RAIN
Exchange
Nasdaq Global Select
Priced
Apr 23, 2021
IPO price
$17.00
Price range
$16.00–$18.00
Raised
$125M
Market cap at IPO price
$441.5M
First filed
Apr 2, 2021
Company counsel
Gibson Dunn
Underwriters' counsel
Latham & Watkins
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.

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