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Week of Expected Pricing 7/1/2021
Company Name AEROVATE THERAPEUTICS INC
Proposed Ticker AVTE
CUSIP 8064107
Business Description A clinical stage biopharmaceutical company focused on developing drugs that meaningfully improve the lives of patients with rare cardiopulmonary disease. Our initial focus is on advancing AV-101, our dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension, or PAH, a devastating disease impacting approximately 70,000 people in the United States and Europe.
Lead Underwriter Cowen and Company, LLC, Evercore Group L.L.C, Jefferies LLC
Co-Managers Wedbush Securities Inc
Initial Shares 71,50,000
Revised Initial Shares 86,82,142
Initial Price $13.00-$15.00
Revised Price N/A
Final Price $14.00
Final Ticker AVTE

 

 

   
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