Hogan Lovells helps Five Prime raise $71.8m in initial public offering
Corporate lawyers from Hogan Lovells’ Silicon Valley office have helped Five Prime Therapeutics to finance its operations and to enter the public market.
Five Prime announced in September the closing of its initial public offering of 5.52 million shares (including 720,000 shares to cover overallotments), resulting in aggregate gross proceeds of $71.8m (£44.4m) before underwriting discounts, commissions and expenses. The shares were sold at $13 each.
The Hogan Lovells team included Silicon Valley partners Laura Berezin and Jon Layman, as well as associates Jaime Chase (Washington DC), Euna Greene (Silicon Valley), Stephanie Tsao (Silicon Valley), Sara Harirchian (Los Angeles) and John Horton (Silicon Valley).
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