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Affimed to price IPO of 6.25 million shares between $11.00 and $13.00
Jefferies, Leerink and BMO to be joint bookrunning managers for deal
By Devika Patel
Knoxville, Tenn., Sept. 11 – Affimed Therapeutics BV will sell 6.25 million common shares in its initial public offering with a 30-day greenshoe option of 937,500 additional shares, according to a Form F-1/A filed Thursday with the Securities and Exchange Commission. The deal was announced June 27.
The shares will be sold at a price expected to fall between $11.00 and $13.00 per share.
Jefferies, Leerink Partners and BMO Capital Markets are the joint bookrunning managers. Trout Capital is the co-manager.
Proceeds will be used for research and development activities, working capital, repayment of debt and general corporate purposes.
The biopharmaceutical company is based in Heidelberg, Germany. The company intends to list its common stock on the Nasdaq under the symbol “AFMD.”
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