PureTech Founded Entity Vor Biopharma Announces Pricing of Initial Public Offering PureTech Founded Entity Vor Biopharma Announces Pricing of Initial Public Offering
PureTech Health plc (LSE: PRTC, NASDAQ: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics company dedicated to discovering, developing and commercializing highly differentiated medicines for devastating diseases, is pleased to note that its Founded Entity, Vor Biopharma, has announced the pricing of its initial public offering (IPO) of 9,828,017 shares of common stock at a public offering price of $18.00 per share resulting in gross proceeds to Vor of approximately $176.9 million, before underwriting discounts and commissions and offering expenses to be paid by Vor. The shares are expected to begin trading on the Nasdaq Global Market under the ticker symbol “VOR” on Friday, February 5, 2021. The offering is expected to close on Tuesday, February 9, 2021, subject to customary closing conditions.