trending Market Intelligence /marketintelligence/en/news-insights/trending/dDrHQz_IFYllAlJNzUAD2A2 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

Biopharmaceutical company I-Mab sets price range for IPO

More Than Three-Quarters of Southeast Asia's Broadband Households Still On Speeds Below 100 Mbps

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Top 10 VR Games By Revenue

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

Biopharmaceutical company I-Mab sets price range for IPO

I-Mab, a clinical-stage biopharmaceutical company with principal executive offices in China, plans to offer 7,407,400 American depositary shares at a value between $12 and $15 apiece in its IPO.

Underwriters for the offerings will receive an option to buy up to an additional 1,111,110 ADS.

I-Mab plans to list its shares on the Nasdaq Global Market under the symbol IMAB.

The autoimmune disorders and cancer treatment company plans to use proceeds from the IPO for research and development, establishing facilities in the U.S. and for general corporate purposes.

Several investors have shown interest in buying up to $48 million of the company's ADS.

Contingent on the completion of the public offering, the company will concurrently issue $37 million of its ordinary shares to its collaboration partner, Everest Medicines Ltd.

Net proceeds from the offering are expected to be about $87.7 million, or about $101.5 million if the underwriters fully exercise their option to purchase additional shares.

Jefferies LLC and China International Capital Corp. Hong Kong Securities Ltd. are the book-running managers for the proposed offering.

Skadden Arps Slate Meagher & Flom LLP is legal adviser to the company for the IPO. Davis Polk & Wardwell LLP is legal adviser to the underwriters.