trending Market Intelligence /marketintelligence/en/news-insights/trending/BLHGOjSvd7Wy-74I5sIBbw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

China's I-Mab prices $103.7M US IPO at higher end of expected range

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

China's I-Mab prices $103.7M US IPO at higher end of expected range

I-Mab priced its planned IPO of 7,407,400 American depositary shares at $14 apiece.

The price is at the higher end of a previously disclosed range of between $12 and $15 per ADS. I-Mab said every 10 ADSs represent 23 of its common shares.

Shanghai-based I-Mab will list its shares on the Nasdaq Global Market under the symbol IMAB starting Jan. 17, it added.

Underwriters for the offering will receive a 30-day option to buy up to an additional 1,111,110 ADSs.

The clinical-stage biopharmaceutical company expects about $103.7 million in gross proceeds from the offer if the underwriters do not exercise their option. If the option is fully exercised, proceeds will reach about $119.3 million.

I-Mab previously said it plans to use proceeds from the IPO for research and development, establishment of facilities in the U.S. as well as for general corporate purposes.

For the offering, Jefferies LLC and China International Capital Corp. Hong Kong Securities Ltd. are the book-running managers, while China Renaissance Securities (Hong Kong) Ltd. and Huatai Securities (USA) Inc. are the lead managers.