Cooley advised the underwriters on Talaris Therapeutics' $150 million initial public offering of 8,825,000 shares of common stock. Morgan Stanley, SVB Leerink, Evercore Groupand Guggenheim Securitiesacted as joint book-running managers for the offering. Talaris Therapeutics, whose securities now trade on the Nasdaq Global Select Market under the symbol TALS, is a late-clinical stage, cell therapy company developing an innovative method of allogeneic hematopoietic stem cell transplantation. Partners Richard Segal, Marc Recht and Div Gupta led the Cooley team.