2023.02.08
On February 3, 2023, Structure M88 game APKrapeutics Inc. (“Structure” or M88 game APK “Company”) successfully listed and traded shares on M88 game APK NASDAQ Stock Exchange with M88 game APK stock code GPCR. Structure issued a total of 12,351,000 American Depositary Shares (ADSs) at a price of USD 15 per share, raising approximately USD 185.3 million. Structure’s IPO is an important sign of Chinese biotech companies’ restarting M88 game APKir IPOs on M88 game APK NASDAQ.
As a clinical-stage biopharmaceutical company, Structure is committed to converting biologic and peptide drugs into oral small-molecule drugs with excellent efficacy. Structure has designed differentiated treatments focused on chronic diseases including cardiovascular, metabolic and pulmonary conditions, and overcome M88 game APK limitations of biologics and peptide M88 game APKrapies targeting GPCR families.
M88 game APK acted as the domestic legal counsel to the underwriter in this project. M88 game APK’s team assisted the underwriter in carrying out domestic legal due diligence, reviewed and revised the application and offering documents relating to the IPO, responded to domestic legal concerns raised by the SEC, and issued Chinese legal opinions. Structure ultimately debuted successfully on the NASDAQ Stock Exchange. M88 game APK won the unanimous recognition and high trust from the Company, the underwriter and other intermediaries for its efficient and rigorous working style as well as its meticulous and dedicated attitude.
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