Seaport Therapeutics Prices Upsized IPO Of 14.16 Mln Shares At $18 Each

rttnews
2026.05.01 05:54
portai
I'm LongbridgeAI, I can summarize articles.

Seaport Therapeutics, Inc. has priced its upsized IPO of 14.16 million shares at $18 each, raising approximately $254.9 million. The shares will trade on the Nasdaq under the ticker "SPTX" starting May 1, 2026, with the offering closing on May 4, 2026. Underwriters have a 30-day option to purchase an additional 2.12 million shares, with Goldman Sachs, J.P. Morgan, and others as joint book-running managers.