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Boundless Bio Makes $100M IPO Debut on Nasdaq

Precision oncology company Boundless Bio is set to go public with a $100 million IPO on the Nasdaq, trading under the ticker "BOLD." Ranking lower among recent biotech IPOs, Boundless has promising assets in the pipeline, including BBI-825. More biotech IPOs are expected this spring.

by Mark Eisenberg
Thu, Mar 28, 2024 5:16pm
in Business
• 2 mins read
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Boundless Bio Makes 0M IPO Debut on Nasdaq | FinOracle

Photo: Finoracle.net

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Boundless Bio Secures $100 Million in IPO, Eyes Expansion in Precision Oncology

In a significant move marking its presence in the biotech sector, Boundless Bio has successfully garnered $100 million from its initial public offering (IPO), positioning itself as a formidable entity in precision oncology. The company set the price for its 6.25 million shares at $16 each, a figure that lies in the heart of its anticipated $15 to $17 range. This financial injection could potentially escalate to $115 million, should underwriters opt to acquire an additional 937,500 shares at the agreed price.

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