Welcome to our dedicated page for LB Pharmaceuticals news (Ticker: LBRX), a resource for investors and traders seeking the latest updates and insights on LB Pharmaceuticals stock.
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LB Pharmaceuticals (NASDAQ:LBRX) has announced the pricing of its upsized initial public offering, offering 19,000,000 shares of common stock at $15.00 per share. The company expects to raise $285.0 million in gross proceeds before deducting underwriting costs and other expenses.
The IPO includes a 30-day option for underwriters to purchase up to 2,850,000 additional shares. Trading is set to commence on the Nasdaq Global Market on September 11, 2025, under the ticker symbol "LBRX". The offering is expected to close on September 12, 2025, with Leerink Partners, Piper Sandler, and Stifel serving as joint bookrunning managers.
