SpyGlass Pharma Announces Pricing of Initial Public Offering

fidelity
2026.02.06 00:00
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SpyGlass Pharma, a late-stage biopharmaceutical company, has priced its initial public offering (IPO) at $16.00 per share, aiming to raise approximately $150 million. The offering includes 9,375,000 shares, with an option for underwriters to purchase an additional 1,406,250 shares. Trading on the Nasdaq under the ticker "SGP" is set to begin on February 6, 2026, with the offering expected to close on February 9, 2026. Jefferies, Leerink Partners, Citigroup, and Stifel are the joint book-running managers for the IPO.