Israeli Gamida Cell raises $50m in Nasdaq IPO
Israeli Gamida Cell raises $50m in Nasdaq IPO
Israeli cellular and immune therapeutics company Gamida Cell (GMDA) completed its IPO on Nasdaq, Globes reports.
The company set out to raise $ 50-60 million at a valuation of $ 275 million before the money. In the event, it raised $ 50 million, but at a lower valuation – $ 165 million before the money. The company offered an upsized 6.25 million shares, 75% more shares than expected, at $ 8,…
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