Neumora Therapeutics sets IPO terms, to be valued at up to $2.7 billion

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Neumora Therapeutics sets IPO terms, to be valued at up to $2.7 billion
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Neumora Therapeutics Inc. has set terms for its initial public offering, as the Massachusetts-based biopharmaceutical company focused on treating brain...

Neumora Therapeutics Inc.

has set terms for its initial public offering, as the Massachusetts-based biopharmaceutical company focused on treating brain diseases looks to raise up to $264.8 billion. The company is offering 14.71 million shares in the IPO, which is expected to price between $16 and $18 a share. With about 151.95 million shares outstanding after the IPO, the company could be valued at up to $2.74 billion. The stock is expected to list on the Nasdaq under the ticker symbol “NMRA.” J.P.

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