Neurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14

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Neurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14

Seeking Alpha2022-01-07

The Cambridge, MA-based Vigil Neuroscience (VIGL) haspricedits IPO of 7M shares of common stock at $14.00/share, for expected grossproceeds of $98.0M.The company initially filed to offer7M shares at a...

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·2022-01-09
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·2022-01-07
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In November 2021, the FDA cleared Vigil&#39;s IND for VGL101 in ALSP.</li><li>The company initiated its first-in-human Phase 1 trial in December, and topline data is expected in the 2H22.</li></ul><p><img src=\"https://static.tigerbbs.com/62cadd2e0bb48ea076c2cbd4391f3105\" tg-width=\"996\" tg-height=\"482\" width=\"100%\" height=\"auto\"/></p><ul><li>Morgan Stanley, Jefferies, Stifel, and Guggenheim Securities are the joint bookrunners on the deal.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Neurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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In November 2021, the FDA cleared Vigil&#39;s IND for VGL101 in ALSP.</li><li>The company initiated its first-in-human Phase 1 trial in December, and topline data is expected in the 2H22.</li></ul><p><img src=\"https://static.tigerbbs.com/62cadd2e0bb48ea076c2cbd4391f3105\" tg-width=\"996\" tg-height=\"482\" width=\"100%\" height=\"auto\"/></p><ul><li>Morgan Stanley, Jefferies, Stifel, and Guggenheim Securities are the joint bookrunners on the deal.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Neurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNeurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-07 19:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3786110-neurodegenerative-disease-biotech-vigil-neuroscience-prices-7m-share-ipo-at-14><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Cambridge, MA-based Vigil Neuroscience (VIGL) haspricedits IPO of 7M shares of common stock at $14.00/share, for expected grossproceeds of $98.0M.The company initially filed to offer7M shares at a...</p>\n\n<a href=\"https://seekingalpha.com/news/3786110-neurodegenerative-disease-biotech-vigil-neuroscience-prices-7m-share-ipo-at-14\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIGL":"Vigil Neuroscience, Inc."},"source_url":"https://seekingalpha.com/news/3786110-neurodegenerative-disease-biotech-vigil-neuroscience-prices-7m-share-ipo-at-14","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115875737","content_text":"The Cambridge, MA-based Vigil Neuroscience (VIGL) haspricedits IPO of 7M shares of common stock at $14.00/share, for expected grossproceeds of $98.0M.The company initially filed to offer7M shares at a price range of $15-$17.Underwriters' over-allotment is an additional 1.05M shares.Nasdaq trading will commence today on January 7, 2022.Closing date is January 11.The company is utilizing a precision medicine approach to develop a pipeline of therapies, initially addressing genetically defined patient subpopulations, that it believes will activate and restore immune cell function within the brain.Its lead candidate, VGL101, is a fully human monoclonal antibody (mAb) that is initially being developed for adult-onset leukoencephalopathy with axonal spheroids and pigmented glia. In November 2021, the FDA cleared Vigil's IND for VGL101 in ALSP.The company initiated its first-in-human Phase 1 trial in December, and topline data is expected in the 2H22.Morgan Stanley, Jefferies, Stifel, and Guggenheim Securities are the joint bookrunners on the deal.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7162246,"gmtCreate":1641556083916,"gmtModify":1663239429953,"authorId":3527303552443900,"author":{"id":3527303552443900,"authorId":3527303552443900,"name":"Lim89","avatar":"https://static.tigerbbs.com/f21e4020ff962f4d66f99662b584ec1c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":695427498,"type":1,"supId":0,"prevId":0,"content":"<u>Ya</u>","text":"<u>Ya</u>","html":"<u>Ya</u>"}],"langContent":"CN"},{"id":9006085703,"gmtCreate":1641554491823,"gmtModify":1676533628609,"author":{"id":"3580416813447115","authorId":"3580416813447115","name":"BeHappy","avatar":"https://static.tigerbbs.com/de3a06dde5f6ecf00082e1f076b52587","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006085703","repostId":1115875737,"repostType":4,"repost":{"id":"1115875737","pubTimestamp":1641554290,"share":"https://www.laohu8.com/m/news/1115875737?lang=&edition=full","pubTime":"2022-01-07 19:18","market":"us","language":"en","title":"Neurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14","url":"https://stock-news.laohu8.com/highlight/detail?id=1115875737","media":"Seeking Alpha","summary":"The Cambridge, MA-based Vigil Neuroscience (VIGL) haspricedits IPO of 7M shares of common stock at $","content":"<html><head></head><body><ul><li>The Cambridge, MA-based Vigil Neuroscience (VIGL) haspricedits IPO of 7M shares of common stock at $14.00/share, for expected grossproceeds of $98.0M.</li><li>The company initially filed to offer7M shares at a price range of $15-$17.</li><li>Underwriters&#39; over-allotment is an additional 1.05M shares.</li><li>Nasdaq trading will commence today on January 7, 2022.</li><li>Closing date is January 11.</li><li>The company is utilizing a precision medicine approach to develop a pipeline of therapies, initially addressing genetically defined patient subpopulations, that it believes will activate and restore immune cell function within the brain.</li><li>Its lead candidate, VGL101, is a fully human monoclonal antibody (mAb) that is initially being developed for adult-onset leukoencephalopathy with axonal spheroids and pigmented glia. In November 2021, the FDA cleared Vigil&#39;s IND for VGL101 in ALSP.</li><li>The company initiated its first-in-human Phase 1 trial in December, and topline data is expected in the 2H22.</li></ul><p><img src=\"https://static.tigerbbs.com/62cadd2e0bb48ea076c2cbd4391f3105\" tg-width=\"996\" tg-height=\"482\" width=\"100%\" height=\"auto\"/></p><ul><li>Morgan Stanley, Jefferies, Stifel, and Guggenheim Securities are the joint bookrunners on the deal.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Neurodegenerative Disease Biotech Vigil Neuroscience Prices 7M-Share IPO at $14</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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In November 2021, the FDA cleared Vigil's IND for VGL101 in ALSP.The company initiated its first-in-human Phase 1 trial in December, and topline data is expected in the 2H22.Morgan Stanley, Jefferies, Stifel, and Guggenheim Securities are the joint bookrunners on the deal.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":41,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}