GlobeNewsWire
13 Oct 2026, 20:47 UTC · 2h ago
TRexBio Announces Closing of Initial Public Offering
Impact · against what's priced in
TRex Bio successfully raised approximately $116.67 million through its IPO to fund clinical-stage operations. This provides the company with the necessary capital runway to advance its immunoregulatory medicine pipeline.
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- In context
The company closed its IPO of 8,333,334 shares at $14.00 per share, securing $116.67 million in gross proceeds to fund its clinical-stage operations.
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