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DJ Bolt Biotherapeutics Shares Jump in Trading Debut After Upsized IPO >BOLT

· 02/05/2021 11:03

By Colin Kellaher

Shares of Bolt Biotherapeutics Inc. rose more than 25% in their trading debut Friday after the immuno-oncology company's upsized initial public offering was priced above already increased expectations.

Bolt shares were recently changing hands at $25.06, up 25%, after opening at $26.10.

The Redwood City, Calif., company sold 11.5 million shares at $20 apiece after previously raising the offering to 10.5 million shares at $18 to $19 each from earlier plans to sell about 8.83 million shares at between $16 and $18.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 05, 2021 11:03 ET (16:03 GMT)

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