Nine other drug developers are expected to go public this week, aiming to … 3 months ago - FierceBiotech Seattle-based Sana Biotechnology aims to raise $150M in IPO Recent results such as Salesforce seem to indicate that companies are flocking to cloud-based solutions. Sana Biotechnology IPO Info. Sana Biotechnology is registered under the ticker NASDAQ:SANA . View More Companies. Morgan Stanley, Goldman Sachs Group, JPMorgan and BofA Securities were the bookrunners for the deal. Use the PitchBook Platform to explore the full profile. 2020 IPO. Y Combinator. San Francisco CA, US. David Marlin. Sana Biotechnology (ticker: SANA), which delivered Thursday’s biggest IPO, rose 40.4% in its first day of trading. The Asana stock price rallied sharply on It currently has $459 million in cash and cash equivalents, but it spent $153 million on research and development in the first nine months of 2020, an increase from $80 million in the same period of 2019. Sana Biotechnology is funded by 12 investors. Information on stock, financials, earnings, subsidiaries, investors, and executives for Sana Biotechnology. Sana Biotechnology, a Seattle gene regulation startup led by several co-founders of Juno Therapeutics, raised $588 million in its IPO. Sana's fundraising suggests the biotech sector is set to continue an IPO boom that began in 2013 but climbed to new heights last year, even as the coronavirus pandemic shook the global economy. With the recent froth we have seen in the IPO market, Asana could open trading at a $6B-$7B valuation. EquityZen is a marketplace for shares of proven pre IPO tech companies. Stock price performance and quarterly earnings. (Note: Sana Biotechnology upsized its IPO to 22 million shares at $23 to $24 – up from its initial terms of 15 million shares at $20 to $23 – in an S-1/A filing dated Feb. 3, 2021.) Sana Biotechnology is following the Moderna playbook to a tee: Promise a lot based on very early science, be vague, nab a major VC raise, then gun for an IPO. Their latest funding was raised on Jun 23, 2020 from a Series A round. Shares of gene-regulation startup Sana Biotechnology Inc surged 40% in their U.S. stock market debut on Thursday, giving the Seattle-based company a market capitalization of $6.38 billion. Asana Stock. Industry: Pharmaceuticals Asana recovers from post-IPO decline. Sana Biotechnology focuses on creating and delivering engineered cells as medicine for patients. 2009. Notable Investors. Here's everything you should know about the Asana IPO and when to buy. Sana Bio soars in stock market debut, raising $588M for cell & gene therapies Sana Biotechnology is turning new science into novel medicines intended to overcome limitations of current cell therapies. ABSLAMC IPO: Aditya Birla Sun Life AMC (ABSLAMC) has submitted documents with market regulator SEBI (SEBI) for the IPO. About Sana Biotechnology Stock Recent scientific advances make it possible to reprogram cells in the body or replace damaged cells and tissues, creating a new class of medicines to treat a broad array of diseases. Sana Biotechnology has raised a total of $700M in funding over 3 rounds. The sale of $1.67 billion gave Google a market capitalization of more than $23 billion. Founded. This is good timing by Asana. Work Management & Productivity Software. Asana has not yet set a price for its common stock, a new ticker or a date for the IPO. Buy or sell Asana stock pre IPO via an EquityZen fund. The Asana stock IPO is today. ABSLAMC It's one of several exciting tech IPO announcements in fall 2020. Sana Biotechnology aims to raise $150M in IPO. Sana Biotechnology, a Seattle gene regulation startup led by several co-founders of Juno Therapeutics, raised $588 million in its IPO. Asana Stock Soars 35% on Its IPO The company took a nontraditional path for its public debut. Sana Biotechnology Inc (NASDAQ: SANA) stock on its market debut on Thursday recorded a significant surge of 40% on its shares. How can investors buy into the Asana stock IPO? The company priced 23.5 million shares at $25, for a fully diluted market value of around $4.9 billion. Google's initial public offering (IPO) took place on August 19, 2004. IPO intraday trading strategy idea Sana Biotechnology develops in vivo and ex vivo cell engineering platforms to revolutionize treatment across a broad array of therapeutic areas with unmet treatment needs, including oncology, diabetes, central nervous system (CNS) disorders, cardiovascular diseases, and genetic disorders, among others. Company profile page for Sana Biotechnology Inc including stock price, company news, press releases, executives, board members, and contact information Sana's IPO paperwork gave a rare look into the secretive biotech's finances and strategy as the company makes its stock-market debut. Sana Biotechnology Reports Fourth Quarter and 2020 Financial Results and Business Updates. Headquarters. Sana Biotechnology Inc, a US biotech company based in Seattle, is launching its IPO on February 3. Sana prices at near record IPO, leading pack of Nasdaq newcomers BYOD Best Practices: How Mobile Device Strategy Leads to More Patient-Centric Clinical Trials Why it matters: It's the largest-ever IPO for a preclinical biotech company. Sana Biotechnology, Inc. Common Stock (SANA) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Their stock opened with $25.00 in its Feb 4, 2021 IPO. The RBLX stock IPO was one of the largest of 2021. Other stocks mentioned: PLTR, RBLX, SPOT, WORK, ZNGA. Sana Biotechnology has filed to raise $150 million in a U.S. IPO. By Megan Campbell ... ARCH Venture Partners, whose managing director, Robert Nelsen, sits on the Sana board, owns 27.5% of Sana’s common stock. Asana stock is set to start trading on the NYSE on or around Sept. 30. Sana is focused on developing new kinds of drugs using cell engineering to treat a wide range of diseases, such as cancer, diabetes, central nervous system disorders, … UPDATE 1:20 p.m.: Shares of Sana gained more than $10 from its initial offering price, up 40% in its debut and closing at $35.10. Asana Named #15 on Fast Company's Annual List of the World's Most Innovative Companies for 2021. The stock opened at $35, peaked at $38.45 and closed at $35.10. Sana needs the IPO cash because of its high burn rate. The stock, assuming the tech market is buoyant, should do well. The company appears to have grown during the pandemic. 3 weeks ago - InvestorPlace. Sana Biotechnology, a company that develops platforms to replace or repair cells in our bodies, wrapped an upsized IPO at $588 million. Here's what investors should do next with one of 2021's best stocks. This sends its market capitalization to $6.38 billion. The stock will begin trading today on Nasdaq under the ticker SANA. Company Name: Sana Biotechnology Stock Symbol: SANA Exchange: NASDAQ Status: Priced IPO Date: 2/4/2021 IPO Price: 35.00 ( … At IPO, the company offered 19,605,052 shares at a price of $85 per share. Rather than a traditional IPO, Asana opted for a direct listing on the NYSE that valued the company at $3.9bn (£2.9bn, €3.2bn). Request Access. Sana Biotechnology is following the Moderna playbook to a tee: Promise a lot based on very early science, be vague, nab a major VC raise, then gun for an IPO. Because of its high burn rate, RBLX, SPOT, WORK, ZNGA of! Other stocks mentioned: PLTR, RBLX, SPOT, WORK,.... 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