CARGO THERAPEUTICS PRICES IPO

14 November 2023

On November 9th, 2023, company announced that IPO was priced at $15 per share.

CARGO Therapeutics Inc offered to the public 18.75 million of its common shares.

In addition, the underwriters have been granted a 30-day option to buy up to an additional 2.8155 million common shares at the initial public offering price, less underwriting discounts and commissions.

Expected to start trading on Nasdaq Global Select Market on November 10th, 2023 under the ticker symbol “CRGX”.

CARGO Therapeutics Announces Pricing of Initial Public Offering


Etalon Capital, Inc. provides independent research with a focus on event-driven value equities to institutional investors. Events include M&As, spin-offs, activist investors, IPOs, SPACs, buybacks, recapitalizations, asset sales, hedge fund holdings, and other significant corporate transactions. These are diversified by sources of risk as well as risk/return profiles. We generate an edge with a unique research process, combining value, focus on corporate events, and story investing principles.

www.etalon-capital.com