Turnstone Biologics to offer 5.8 million shares in planned IPO priced at $12 to $14 each

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Turnstone Biologics to offer 5.8 million shares in planned IPO priced at $12 to $14 each
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Turnstone Biologics a clinical-stage biotech that specializes in treatments for solid tumors, set terms for its initial public offering on Monday with plans...

Turnstone Biologics TSBX, a clinical-stage biotech that specializes in treatments for solid tumors, set terms for its initial public offering on Monday with plans to offer 5.8 million shares priced at $12 to $14 each. The company would raise $81.2 million at the top of that range at a valuation of $298 million. The company has applied to list on Nasdaq under the ticker ‘TSBX.’ BofA Securities, Leerink Partners and Piper Sandler are underwriting the deal.

Turnstone Biologics TSBX , a clinical-stage biotech that specializes in treatments for solid tumors, set terms for its initial public offering on Monday with plans to offer 5.8 million shares priced at $12 to $14 each. The company would raise $81.2 million at the top of that range at a valuation of $298 million. The company has applied to list on Nasdaq under the ticker ‘TSBX.’ BofA Securities, Leerink Partners and Piper Sandler are underwriting the deal.

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