Neumora Therapeutics Announces IPO Of 14.71 Mln Shares To Be Priced Between $16.00 And $18.00/Share

RTTNews | 638 วันที่ผ่านมา

(RTTNews) - Biopharmaceutical company Neumora Therapeutics, Inc. revealed Monday that it will offer 14.71 million shares of its common stock in an initial public offering and expects the IPO price to be between $16.00 and $18.00 per share, according to an amended Form S-1 filing with the U.S. Securities and Exchange Commission.

The Watertown, Massachusetts-based company has applied to list its common stock on The Nasdaq Global Market (Nasdaq) under the symbol "NMRA."

The company has granted the underwriters an option for a period of 30 days to purchase up to an additional 2.21 million shares of its common stock.

The company estimates that its net proceeds from this offering will be approximately $227.5 million (or approximately $262.3 million if the underwriters exercise in full their option to purchase additional shares of common stock), based on an assumed IPO price of $17.00 per share.

The company intends to use the net proceeds, together with existing cash, cash equivalents and marketable securities, to fund the clinical and preclinical development of current programs, to fund research and development activities for additional programs, and the remainder for working capital and other general corporate purposes.

The remainder of the net proceeds may also be used to in-license, acquire, or invest in, complementary technologies, assets, or intellectual property.

Singapore Shares May Reverse Tuesday's Losses

The Singapore stock market on Tuesday halted the five-day winning streak in which it had collected more than 40 points or 1 percent. The Straits Times Index now sits just beneath the 3,935-point plateau although it may bounce higher again on Wednesday.

RTTNews | 23 นาทีที่ผ่านมา

Malaysia Bourse Likely To Remain Rangebound

The Malaysia stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau and it's expected to remain in that neighborhood again on Tuesday.

RTTNews | 53 นาทีที่ผ่านมา

Japan Shares May See Continued Support On Wednesday

The Japan stock market has finished higher in three straight sessions, climbing more than 650 points or 1.9 percent along the way. The Nikkei 225 now sits just above the 38,210-point plateau and it may add to its winnings again on Wednesday.

RTTNews | 1 ชม. 8 นาทีที่ผ่านมา

KOSPI May Challenge Resistance At 2,900 Points

The South Korea stock market has finished higher in five straight sessions, collecting more than 175 points or 6.4 percent along the way. The KOSPI now rests just above the 2,870-point plateau and it's tipped to open in the green again on Wednesday.

RTTNews | 1 ชม. 23 นาทีที่ผ่านมา

Japan Producer Price Data Due On Wednesday

Japan will on Tuesday release May figures for producer prices, highlighting a light day for Asia-Pacific economic activity. In April, producer prices were up 0.2 percent on month and 4.0 percent on year.

RTTNews | 2 ชม. 23 นาทีที่ผ่านมา

Gold Dips As US-China Trade Talks Continue

Gold prices dipped on Tuesday, ahead of US inflation report and ongoing US-China official talks, which is now the focus of investors from all over the world. Front Month Comex Gold for June delivery lost $11.20 (or 0.34%) to $3320.90 per troy ounce on Tuesday. Front Month Comex Silver for June delivery lost $14.60 cents (or 0.40%) to $36.542 today. The much-anticipated high-level trade talks between the world's two largest economies, U.S. and China, began on Monday in London and continued for the second day today. On the economic data front, the US Labor Department will release Consumer Price Index (CPI) data on Wednesday, which may help to determine the Federal Reserve's monetary policy before the Fed's June 17-18 meeting. Meanwhile, the World Bank, in its biannual Global Economic Prospects, has cut the global growth forecast to 2.3% from 2.7% for the current year citing "trade barriers" as a reason behind the global slowdown.

RTTNews | 4 ชม. 10 นาทีที่ผ่านมา

Crude Oil Prices Fade As US-China Talks Progress

Crude oil prices were down on Tuesday amidst uncertainty over trade talks between China and the United States continued, although the outcome remains uncertain. WTI oil closed down by $0.31 to settle at $64.98 per barrel. August Brent crude was last seen down by $0.03 to $67.01. To ease the standstill created by the reciprocal tariffs imposed by U.S. President Donald Trump and China, high-level officials from both nations convened at London on Monday to discuss steps to soften the conflict. As the talks went on for the second day today, Trump told reporters at the White House that the talks were "going well" and that he was "only getting good reports." While U.S. Treasury Secretary Scott Bessent described Monday's talks as "good meeting," the Commerce Secretary Howard Lutnick called them as "fruitful." On the geopolitical front, however, Russia showed no sign of relenting on its war with Ukraine and continued its attacks. Limiting the downside, the U.S. Energy Information Administration has reported today that US crude oil production is likely to decline over the next 18 months - while the approach of the summer driving season is also good news.

RTTNews | 4 ชม. 16 นาทีที่ผ่านมา

Canadian Dollar Appreciates Amid Risk Appetite

The Canadian dollar climbed against its major counterparts in the New York session on Tuesday, as investors monitored trade talks between the U.S. and China that continued for a second day.

RTTNews | 4 ชม. 56 นาทีที่ผ่านมา

EURUSD	1.14343	GBPUSD	1.35062	AUDUSD	0.65211
USDJPY	144.692	USDCAD	1.36713	USDCHF	0.82133

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Neumora Therapeutics Announces IPO Of 14.71 Mln Shares To Be Priced Between $16.00 And $18.00/Share