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6 Firms Steer Trio Of Biotech IPOs Totaling $584M

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > 6 Firms Steer Trio Of Biotech IPOs Totaling $584M

6 Firms Steer Trio Of Biotech IPOs Totaling $584M

Law360 (July 10, 2020, 5:11 PM EDT) — Three venture-backed biotechnology companies went public Friday after raising a combined $584 million in initial public offerings amid a robust market, guided by six law firms that either represented the companies or their underwriters, including two deals by Cooley LLP.

Cancer therapy maker Nkarta Inc., advised by O’Melveny & Myers LLP, led the companies with a $252 million IPO. South San Francisco-based Nkarta sold 14 million shares at $18 each, above its projected range of $16 to $17, which was raised from its initial estimate of $14 to $16.

Cooley-advised oncology firm Poseida Therapeutics Inc., which is developing treatments for multiple…

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