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Week of Expected Pricing 4/9/2021
Company Name RENEO PHARMACEUTICALS INC
Proposed Ticker RPHM
CUSIP 7.60E+107
Business Description A clinical stage pharmaceutical company focused on the development of therapies for patients with rare genetic mitochondrial diseases, which are often associated with the inability of mitochondria to produce adenosine triphosphate (ATP). We are developing REN001 to modulate genes critical to metabolism and generation of ATP, which is the primary source of energy for cellular processes. REN001 is a selective peroxisome proliferator-activated receptor delta (PPARd) agonist that has been shown to increase transcription of genes involved in mitochondrial function and increase fatty acid oxidation (FAO), and may increase production of new mitochondria.
Lead Underwriter Jefferies LLC, Piper Sandler & Co, SVB Leerink LLC
Co-Managers N/A
Initial Shares 62,50,000
Revised Initial Shares N/A
Initial Price $15.00-$17.00
Revised Price N/A
Final Price $15.00
Final Ticker RPHM

 

 

   
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