trending Market Intelligence /marketintelligence/en/news-insights/trending/HsSKWglArfoulojavVtbhw2 content esgSubNav
In This List

Apellis Pharmaceuticals raises $404.2M from stock offering

Blog

A Pharmaceutical Company Capitalizes on M&A Activity with Brokerage Research

Blog

2021 Year in Review: Highlighting Key Investment Banking Trends

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Global M&A By the Numbers: Q3 2021


Apellis Pharmaceuticals raises $404.2M from stock offering

Apellis Pharmaceuticals Inc. has raised $404.2 million in a previously announced public offering after underwriters fully exercised their overallotment option.

The Waltham, Mass.-based biopharmaceutical company sold 10,925,000 shares at $37 apiece, including the additional 1,425,000 shares in the underwriters' overallotment option.

Apellis develops treatments for autoimmune and inflammatory diseases.

Citigroup, J.P. Morgan and Evercore ISI were joint book-running managers for the offering, while Cantor Fitzgerald & Co. and Baird were lead managers.