Executive Chair, City Therapeutics
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Last updated Oct 21, 2026
Shepherded City through its October 2026 IPO, which closed at $230 million gross after the full overallotment was exercised
City Therapeutics closed its upsized Nasdaq IPO on October 19, raising $230 million before fees after underwriters bought all 1.67 million extra shares. The Cambridge biotech sold 12.8 million shares at $18 each. Its stock rose about 24% in its October 16 debut.
Updated Oct 21
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