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Fundraisings and IPOs

Date: 2014-10-08

Type of information: IPO

Company: PTC Therapeutics (USA - NJ)

Investors:

Amount:

Funding type: IPO

Planned used:

Others:

* On October 9, 2014, PTC Therapeutics announced  the pricing of an underwritten public offering of 3,000,000 shares of its common stock at a public offering price of $36.25 per share, before underwriting discounts. PTC expects to close the offering on or about October 16, 2014, subject to satisfaction of customary closing conditions.

* On October 8, 2014, PTC Therapeutics announced  that it is commencing an underwritten public offering of 3,000,000 shares of its common stock pursuant to an automatically effective shelf registration statement that was previously filed with the Securities and Exchange Commission. All of the shares in the offering are to be sold by PTC. PTC intends to grant the underwriters an option for a period of 30 days to purchase up to an additional 450,000 shares of common stock. The offering is subject to market conditions and other factors, and there can be no assurance as to whether or when the offering may be completed.

Credit Suisse and Citigroup are acting as joint lead book-running managers for the offering. Cowen and Company, Deutsche Bank Securities and RBC Capital Markets are acting as book-running managers.

Therapeutic area:

Is general: Yes