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Pipeline Update: Biotech filings highlight week of 1/12/24

Date:

Terms Added

Company: Palmer Square Capital BDC Inc.

Symbol: PSBD

Description: Palmer Square is an externally managed, non-diversified closed-end management investment company that primarily lends to and invests in corporate debt securities, including small to large private U.S. companies, and has elected to be regulated as a business development company under the Investment Company Act of 1940.

Shares: 5.45 million

Price Range: $16.45-$16.45

Market Cap: $535m-$535m

Trade Date:  Thursday, 1/18

Underwriters: J.P. Morgan, BofA Securities, RBC Capital, UBS Investment Bank, Citigroup

Co-Manager(s): Janney Montgomery, Scott, Oppenheimer, Clear Street

Link to Prospectus: Terms Added: 1-8-24

New Filings (updated prospectuses)

Company: Alto Neuroscience, Inc.

Symbol: ANRO (NYSE)

Description: They are a clinical-stage biopharmaceutical company with a mission to redefine psychiatry by leveraging neurobiology to develop personalized and highly effective treatment options.

Shares: TBD

Price Range: TBD

Trade Date:  TBD

Underwriters: Jefferies, TD Cowen, Stifel, William Blair

Co-Manager(s): Baird

Link to Prospectus: Filed: 1-12-24

Company: Invea Therapeutics, Inc.

Symbol: INAI (Nasdaq)

Description: They are a biotechnology company developing small molecule oral therapeutics for immune-mediated inflammatory diseases, or IMIDs.

Shares: TBD

Price Range: TBD

Trade Date:  TBD

Underwriters: BofA Securities, Citigroup, Truist Securities

Co-Manager(s): ThinkEquity

Link to Prospectus: Updated Prospectus: 1-12-24

Company:  Auna S.A.A.

Symbol: AUNA

Description:  They operate hospitals and clinics in Mexico, Peru and Colombia, provide prepaid healthcare plans in Peru and provide dental and vision plans in Mexico.

Shares: TBD

Price Range: TBD

Trade Date:  TBD

Underwriter(s): Morgan Stanley, JP Morgan, BTG Pactual, Santander, Citigroup, HSBC

Link to Prospectus: Filed: 1-9-24

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