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Onconova Prices 5.166M Share IPO at $15.00/Share

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Onconova Therapeutics, Inc., today announced the pricing of its initial
public offering of 5,166,667 shares of its common stock at a public
offering price of $15.00 per share, before underwriting discounts. All
of the shares of common stock are being offered by Onconova. In
addition, Onconova has granted the underwriters a 30-day option to
purchase up to an additional 775,000 shares of common stock at the same
price to cover over-allotments, if any. The shares are expected to begin
trading on The NASDAQ Global Market on July 25, 2013 under the ticker
symbol "ONTX."

The offering is expected to close on July 30, 2013, subject to customary
closing conditions.

Citigroup

See full press release

Posted-In: News Guidance Contracts Global

 

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