San Diego – July 22, 2024 – Cooley advised Artiva Biotherapeutics, a clinical-stage biotechnology company whose mission is to develop effective, safe and accessible cell therapies for patients with devastating autoimmune diseases and cancers, on its upsized $167 million initial public offering (IPO).
The IPO was for 13,920,000 shares of common stock at a price to the public of $12 per share, with a 30-day option for the underwriters to purchase up to an additional 2,088,000 shares of common stock at the IPO price, less underwriting discounts and commissions. The shares began trading on the Nasdaq Global Market on July 19, 2024, under the symbol ARTV. Jefferies, TD Cowen and Cantor acted as joint book-running managers, and Wedbush PacGrow and Needham & Company acted as co-lead managers for the offering.
Partners Carlos Ramirez and Charlie Kim led the Cooley team advising Artiva.
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