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Aileron Therapeutics prices IPO at $15, the low end of the range

June 28, 2017
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Aileron Therapeutics, a biotech targeting a range of cancers using stapled peptides, raised $56 million by offering 3.8 million shares at $15, the low end of the range of $15 to $17.

Aileron Therapeutics plans to list on the Nasdaq under the symbol ALRN. BofA Merrill Lynch and Jefferies acted as lead managers on the deal.