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News 2026-10-01 20:18 UTC

ADARx Pharmaceuticals IPO Greenshoe Fully Exercised

ADARx Pharmaceuticals' initial public offering has seen its underwriters fully exercise the option to purchase an additional 3,937,500 shares at $17 per share. This brings the total number of IPO shares to 30,187,500, generating gross proceeds of approximately $513.2 million. An additional $89.3 million was raised thro