Lexeo Therapeutics (Nasdaq: LXEO) has announced the final pricing of its initial public offering of 9,090,910 shares of common stock at a price to the public of $11.00 per share.
This is a significant drop on the anticipated share price range of $13-$15 that the biotech set out in an SEC filing the previous day.
Lexeo is a clinical stage genetic medicine company dedicated to transforming healthcare by applying pioneering science to fundamentally change how genetically defined cardiovascular diseases and APOE4-associated Alzheimer’s disease are treated.
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