Homburger advises the joint book-running managers in connection with the IPO of CRISPR Therapeutics AG and the listing of the shares on the NASDAQ
On October 18, 2016, CRISPR Therapeutics AG, a Swiss-based, biopharmaceutical company focused on translating CRISPR|Cas9 gene-editing technology, and Citigroup Global Markets Inc., Piper Jaffray & Co. and Barclays Capital Inc. signed an underwriting agreement with respect to the initial public offering (IPO) and the sale and listing on the NASDAQ of up to 4,600,000 shares at a price of USD 14 each. The base offering consisted of 4,000,000 shares with an over-allotment option of up to 600,000 additional shares. The gross proceeds of the IPO amount to USD 64.4 m.