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Braveheart Bio (Nasdaq: BRVE) priced an upsized initial public offering of 21,250,000 common shares at $18.00 per share, all offered by the company. The shares are expected to begin trading on the Nasdaq Global Market on August 6, 2026, with closing anticipated on August 7, 2026, subject to customary conditions.
Braveheart Bio granted underwriters a 30‑day option to buy up to an additional 3,187,500 shares at the IPO price, less underwriting discounts and commissions. According to the company, expected gross IPO proceeds are about $382.5 million, excluding any exercise of this option. Goldman Sachs, Jefferies, TD Cowen, Stifel and Cantor are joint book‑running managers.