Viela Bio Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Sha...
October 07 2019 - 4:05PM
Viela Bio, Inc. (Nasdaq: VIE), a clinical-stage biotechnology
company pioneering treatments for autoimmune and severe
inflammatory diseases, today announced the closing of its
previously announced initial public offering of 9,085,000 shares of
its common stock, which includes 1,185,000 shares sold pursuant to
the exercise in full by the underwriters of their option to
purchase additional shares, at a price to the public of $19.00 per
share. Including the option exercise, the gross proceeds to Viela
Bio from the offering, before deducting the underwriting discounts
and commissions and estimated offering expenses, were approximately
$172.6 million.
Goldman Sachs & Co. LLC, Morgan Stanley
& Co. LLC, and Cowen and Company, LLC acted as the joint
book-running managers for the offering. Guggenheim Securities, LLC
acted as the lead manager for the offering.
The offering was made only by means of a
prospectus. Copies of the final prospectus related to the offering
may be obtained from:
- Goldman Sachs & Co. LLC, Attention: Prospectus Department,
200 West Street, New York, NY 10282, email:
prospectus-ny@ny.email.gs.com, telephone: 1-866-471-2526, fax:
1-212-902-9316;
- Morgan Stanley & Co. LLC, Attention: Prospectus Department,
180 Varick Street, Second Floor, New York, NY 10014; or
- Cowen and Company, LLC, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus
Department, email: PostSaleManualRequests@broadridge.com,
telephone: 1-833-297-2926.
Registration statements relating to these
securities have been filed with the Securities and Exchange
Commission and became effective on October 2, 2019. This press
release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Viela Bio
Viela Bio, headquartered in Gaithersburg, Maryland,
is a clinical-stage biotechnology company pioneering treatments for
autoimmune and severe inflammatory diseases.
Contacts
Investors:Solebury TroutChad
Rubin646-378-2947crubin@soleburytrout.com
Media: Solebury Trout Amy Bonanno
914-450-0349 abonanno@soleburytrout.com
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