ZBIO

Zenas BioPharma, Inc. Common Stock
ZBIO
Market cap $748M

18.81 USD

+0.10

0.53%

At close Oct 4, 4:00 PM EDT

1 day

0.53%

5 days

9.55%

1 month

4.67%

3 months

4.67%

6 months

4.67%

Year to date

4.67%

1 year

4.67%

5 years

4.67%

About: Zenas BioPharma Inc is a clinical-stage biopharmaceutical company. Its I&I product candidate, obexelimab, is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb, which are present across B cell lineage, in order to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them.

–

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for ZBIO.

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about ZBIO published over the past 30 days

24/7 Wall Street

Last Week's 3 Biotech IPOs Prompt Huge Insider Buying

24/7 Wall St. Insights Initial public offerings at three biotechs last week tempted insiders to make huge purchases of shares.

Last Week's 3 Biotech IPOs Prompt Huge Insider Buying

Zenas BioPharma Announces Closing of Full Exercise of Underwriters' Option to Purchase Additional Shares in Initial Public Offering

WALTHAM, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas”), (Nasdaq: ZBIO) a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of transformative immunology-based therapies, today announced that the underwriters of its previously announced upsized initial public offering of 13,235,294 shares of its common stock, which closed on September 16, 2024, exercised in full their option to purchase an additional 1,985,294 shares at the initial public offering price of $17.00 per share. After giving effect to the full exercise of the underwriters' option to purchase additional shares, which closed on September 19, 2024, Zenas sold 15,220,588 shares in its initial public offering, resulting in gross proceeds of approximately $258.7 million. All of the shares were sold by Zenas. Zenas' shares began trading on the Nasdaq Global Select Market on September 13, 2024 under the ticker symbol “ZBIO”.

Zenas BioPharma Announces Closing of Full Exercise of Underwriters' Option to Purchase Additional Shares in Initial Public Offering

U.S. IPO Weekly Recap: 3 Biotechs Lead Active September IPO Market

Six IPOs debuted this past week, including three deals of more than $100 million. Seven IPOs submitted initial filings. Outparcel REIT FrontView REIT filed to raise $100 million, and Chinese on-demand courier service provider BingEx also filed to raise $100 million. No IPOs are currently scheduled to list in the week ahead, as activity remains somewhat muted in the run-up to the 2024 presidential election.

U.S. IPO Weekly Recap: 3 Biotechs Lead Active September IPO Market

Zenas BioPharma Announces Pricing of Upsized Initial Public Offering

WALTHAM, Mass., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas”), (Nasdaq: ZBIO) a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of transformative immunology-based therapies, today announced the pricing of its upsized initial public offering of 13,235,294 shares of its common stock at an initial public offering price of $17.00 per share. All of the shares are being offered by Zenas. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $225.0 million. Zenas' common stock is expected to begin trading on the Nasdaq Global Select Market on September 13, 2024 under the ticker symbol “ZBIO”. The offering is expected to close on September 16, 2024, subject to the satisfaction of customary closing conditions. In addition, Zenas has granted the underwriters a 30-day option to purchase up to an additional 1,985,294 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

Zenas BioPharma Announces Pricing of Upsized Initial Public Offering

U.S. IPO Weekly Recap: 2 APAC Microcaps Go Public In Short Labor Day Week As The Pipeline Grows

Two small IPOs and two SPACs debuted this past week - Pheton Holdings, Powell Max, Vine Hill Capital, and Andretti Acquisition II, respectively. Eight IPOs submitted initial filings this past week, including three names that filed to raise $100 million or more. Two biotechs are scheduled to complete IPOs next Thursday, each aiming to raise $200 million.

U.S. IPO Weekly Recap: 2 APAC Microcaps Go Public In Short Labor Day Week As The Pipeline Grows

Zenas BioPharma Seeks IPO For Inflammatory Treatment Trials

Zenas BioPharma has filed to raise $100 million in an IPO to advance its Phase 3 and Phase 2 trials for obexelimab, although the final figure may differ. The company is developing antibody-based treatments for inflammatory disorders, with strong backing from well-known life science venture capital firms and Bristol-Myers Squibb. Zenas' lead candidate, obexelimab, has shown promising Phase 2 results and is currently enrolling in a global Phase 3 trial for IgG4-related diseases.

Zenas BioPharma Seeks IPO For Inflammatory Treatment Trials

U.S. IPO Weekly Recap: WeRide Delays Its IPO As Pipeline Gets A Boost

Two small IPOs debuted this past week, while six IPOs submitted initial filings. Six IPOs submitted initial filings this week, including four names which filed to raise $100 million or more. There are no sizeable IPOs scheduled to list in the week ahead, though we're tracking four micro-caps from Asia that could potentially price their deals.

U.S. IPO Weekly Recap: WeRide Delays Its IPO As Pipeline Gets A Boost

See News Rankings

Charts implemented using Lightweight Charts™