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MIRM News

US IPO Weekly Recap: Medallia tops a 9-IPO week with a 76% first day return

MDLA

Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully...read more

Liver disease biotech Mirum Pharmaceuticals prices IPO at $15 midpoint

Mirum Pharmaceuticals logo

Mirum Pharmaceuticals, a late-stage biotech developing therapies for rare cholestatic liver diseases, raised $75 million by offering 5.0 million shares at $15, the midpoint of the $14 to $16 range. Insiders had indicated on purchasing $35 million of the IPO (47%...read more

US IPO Week Ahead: Large foreign filers and a US unicorn lead 10-deal week

AFYA

July's post-holiday flood of IPOs is upon us, with nine diverse offerings and a direct listing scheduled for the second-most active week of the year. The three largest IPOs come from Asia, Europe, and South America, but based on the strong reception of recent...read more

Liver disease biotech Mirum Pharmaceuticals sets terms for $75 million IPO

Mirum Pharmaceuticals logo

Mirum Pharmaceuticals, a Phase 2 biotech developing therapies for rare liver diseases, announced terms for its IPO on Monday. The Foster City, CA-based company plans to raise $75 million by offering 5 million shares at a price range of $14 to $16. At the...read more