Merus registers $60 million of common stock for initial public sale

Citigroup and Jefferies are bookrunners; Guggenheim and Wedbush assist

By Devika Patel

Knoxville, Tenn., Oct. 19 – Merus BV will price its initial public offering of common stock with a greenshoe, according to a Form F-1 filed Monday with the Securities and Exchange Commission. The company has registered up to $60 million of stock.

Citigroup and Jefferies are the bookrunners. Guggenheim Securities is the lead manager and Wedbush PacGrow is the co-manager.

Proceeds will be used for clinical development, research and development activities and for working capital and other general corporate purposes.

The immuno-oncology company is based in Utrecht, the Netherlands. The company intends to list its common stock on the Nasdaq stock exchange under the symbol “MRUS.”

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