Frequency Therapeutics Opens Below IPO Price

Frequency Therapeutics (NASDAQ:FREQ) made its public debut Thursday morning, opening at $11.20 after being priced at $14 per share.

The company shares are trading on the Nasdaq under the ticker “FREQ.”

Frequency Therapeutics is a clinical-stage biotechnology company focused on harnessing the body’s innate biology to repair or reverse damage caused by a broad range of degenerative diseases.

JPMorgan, Goldman Sachs and Cowen are acting as joint book running managers for the offering.

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