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Zai Lab Ltd completed its initial public offering on NASDAQ on September 20, 2017, pricing at $18.00 a share.
| Ticker | ZLAB |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | September 20, 2017 |
| Offering price | $18.00 |
| Shares offered | 8,333,333 |
| Total raised | $150M |
Zai Lab Ltd sold 8,333,333 shares at $18.00 each on NASDAQ. Multiplied out, that is $150 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $150 million total recorded for the deal.
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Source: SEC EDGAR filings for Zai Lab Ltd. This page is general information, not investment advice.