Talaris Therapeutics Announces Closing of Initial Public

Talaris Therapeutics Announces Closing of Initial Public

News Highlights

BOSTON and LOUISVILLE, Ky. , May 11, 2021 (News) — Talaris Therapeutics, Inc. (Nasdaq: TALS), a late-clinical stage cell therapy company developing therapies with the potential to transform the standard of care in solid organ transplantation, certain severe autoimmune diseases, and certain severe non-malignant blood, immune and metabolic disorders, today announced the closing of its initial public offering of 8,825,000 shares of its common stock at a price to the public of $17.00 per share. The gross proceeds of the offering were approximately $150.0 million, before deducting underwriting discounts and commissions and other offering expenses. The shares began trading on the Nasdaq Global Market on May 7, 2021 under the symbol “TALS.” All shares in the offering were offered by Talaris Therapeutics. In addition, the underwriters have a 30-day option to purchase up to an additional 1,323,750 shares of common stock at the initial public offering price less underwriting discounts and commissions.

Morgan Stanley, SVB Leerink, Evercore ISI and Guggenheim Securities are acting as joint book-running managers for the offering.

A registration statement relating to these securities has been filed and was declared effective by the Securities and Exchange Commission on May 6, 2021. This offering was made only by means of a written prospectus. Copies of the final prospectus relating to the initial public offering can be obtained, when available, from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, by telephone at (800) 808-7525, ext. 6105, or by email at syndicate@svbleerink.com; Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, or by telephone at (888) 474-0200, or by email at ecm.prospectus@evercore.com; and Guggenheim Securities, LLC, Attention: Equity Syndicate Department, 330 Madison Avenue, New York, NY 10017, by telephone at (212) 518-5548, or by email at GSEquityProspectusDelivery@guggenheimpartners.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or jurisdiction.

About Talaris Therapeutics

Talaris Therapeutics, Inc. is a late-clinical stage cell therapy company developing an innovative method of allogeneic hematopoietic stem cell transplantation with the potential to transform the standard of care in solid organ transplantation, certain severe autoimmune diseases, and certain severe non-malignant blood, immune and metabolic disorders. Talaris maintains corporate offices in Boston, Mass., and its cell processing facility in Louisville, Ky.

Media Contact:

Lisa RaffenspergerTen Bridge Communicationslisa@tenbridgecommunications.com (617) 903-8783

  • Check the latest Health news updates and information.
  • Please share this news Talaris Therapeutics Announces Closing of Initial Public with your friends and family to support us your one share helps us a lot.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
The LG Tone Free FN6 earbuds come with a tracking feature so that risk of losing is avoided

The LG Tone Free FN6 earbuds come with a tracking feature so that risk of losing is avoided

Some of the stories about how people lose items can be downright hilarious while others are just for tears. Take the example of a pal of mine by the name ...
Cleveland-Cliffs Announces Increase to Financial Guidance for Second Quarter and Full Year 2021

Cleveland-Cliffs Announces Increase to Financial Guidance for Second Quarter and Full Year 2021

About Cleveland-Cliffs Inc. Story continues Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, ...
Ratchet & Clank: Rift Apart is the most recent PS5 exclusive to take the top spot

Ratchet & Clank: Rift Apart is the most recent PS5 exclusive to take the top spot

PS5 exclusive Ratchet & Clank: Rift Apart was comfortably No.1 in the UK boxed charts. It’s the second Insomniac-developed game to claim the top spot ...
Public health: There is no evidence that the COVID vaccine affects fertility

Public health: There is no evidence that the COVID vaccine affects fertility

She said what’s happening here in the county is also happening across the nation. “At least 80% indicated the above concerns as a reason to decline ...
The multiplayer in Halo Infinite is the most ambitious Xbox and PC experience yet:

The multiplayer in Halo Infinite is the most ambitious Xbox and PC experience yet:

Xbox’s ticket to connecting with its players is Halo Infinite’s multiplayer. The Xbox Series X had a disappointing launch (to say the least). Thankfully, ...
OU Health updates visitation policies to allow 2 guests per patient;  precautions remain intact |  News

OU Health updates visitation policies to allow 2 guests per patient; precautions remain intact | News

Source According to The Norman COVID-19 Data Dashboard, which was last updated June 9, there were 13 new cases last week, with an average of 1.86 new cases ...
Brookings Register |  when money is not a problem

Brookings Register | when money is not a problem

Debra Johnston, M.D., is part of The Prairie Doc team of physicians and currently practices family medicine in Brookings. For free and easy access to the ...
After saving Tuca and Bertie, Adult Swim posted the first episode of season 2 on YouTube

After saving Tuca and Bertie, Adult Swim posted the first episode of season 2 on YouTube

If you watch this first episode and want to catch up on the series, you’ll have to subscribe to Netflix, as the first season is only available on the ...
The Xbox Series X Game Cases Are Changing, And It’s A Huge Step Forward

The Xbox Series X Game Cases Are Changing, And It’s A Huge Step Forward

At the start of this new generation, PlayStation opted to go for a completely new look box art with the blue PS4 strip changing to a white PS5 logo, but Xbox ...
New Box Art Is Coming To Xbox Games

New Box Art Is Coming To Xbox Games

Xbox News first spotted the change: Less than a year after launching the Xbox Series X|S, Microsoft is changing the standard box art for the console’s games ...
Show next
Compsmag - Latest News from tech, business and health
Logo