Cassiopea SIX IPO

Overview:

• Cassiopea has launched an IPO on the SIX Swiss Exchange.
• The offering is priced at SFr34 per share, giving a market capitalisation of SFr340 million.
• The offering raised SFr163 million.
• The company also offered shares to certain institutional buyers in the United States. 
• Jefferies Financial and Credit Suisse acted as global coordinators. 
• Cassiopea is a clinical stage pharmaceutical company.

Rani Mehta - Journalist