CG Oncology, Inc. (CGON) has released an update.
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The Company successfully completed its Initial Public Offering (IPO) on January 29, 2024, issuing a total of 23 million shares at $19.00 each, inclusive of a fully exercised underwriter option for an additional 3 million shares. This resulted in gross proceeds of $437.0 million, prior to accounting for underwriting discounts, commissions, and estimated offering expenses.
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For a comprehensive understanding of the announcement, you can read the full document here.
