Cooley advised Equillium, Inc. on its $65.4 million initial public offering of 4,670,000 shares of common stock. The underwriters have a 30-day option to purchase an additional 700,500 shares. Partners Tom Coll and Karen Anderson led the Cooley team advising Equillium.
Jefferies, Leerink Partners and Stifel Nicolaus & Company acted as joint book-running managers for the offering.
Equillium is a biotechnology company leveraging immunobiology to develop products for severe autoimmune and inflammatory disorders with a high unmet medical need. The company’s shares now trade on the Nasdaq Global Market under the symbol “EQ.”