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BITI News

US IPO Weekly Recap: Wingstop unstoppable while massive biotech pops 99% then drops

Five IPOs raised $565 million this past week. The deals average +30% from the offer price, while none broke issue and most priced above the midpoint of the range.  ...read more

Biotie Therapies prices IPO at $14.888

Biotie Therapies, which is developing a therapy to extend the efficacy of levodopa for Parkinson's disease, raised $56 million by offering 3.8 million ADSs at $14.888. Biotie Therapies plans to list on the NASDAQ under the symbol BITI. Biotie Therapies...read more

Under-the-tongue Parkinson's therapy: Cynapsus Therapeutics sets terms for $64 million US IPO

Cynapsus Therapeutics, which is developing a sublingual formulation of an approved therapy for Parkinson's disease, announced terms for its IPO on Tuesday. Cynapsus is currently listed on the Toronto Stock Exchange under the symbol CTH with a basic market...read more

Week ahead: 6 IPOs planned for the week of June 8

Fast casual chicken wing chain Wingstop leads the six deals on this week's IPO calendar. After three weeks without a biotech, we'll see one with a proposed valuation of $1.4 billion....read more