CG Oncology Announces Upsized $437 Million IPO

New York – January 29, 2024 – Cooley advised the underwriters of CG Oncology, a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer, on the pricing of its upsized $437 million initial public offering. Partners Charlie Kim, Denny Won, Kristin VanderPas and David Peinsipp led the Cooley team advising the underwriters.

Morgan Stanley, Goldman Sachs & Co. and Cantor acted as joint book-running managers for the offering. LifeSci Capital acted as co-manager for the offering. CG Oncology offered a total of 23,000,000 shares of common stock, priced at $19 per share, which includes the exercise in full of the underwriters’ option to purchase 3,000,000 additional shares of common stock. The listing began trading on the Nasdaq Global Select Market on January 25, 2024, under the symbol CGON.

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