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Caris Life Sciences shares jump 29% in Nasdaq debut

Published 18/06/2025, 17:36
© Reuters.
CAI
-0.14%

Investing.com -- Caris Life Sciences shares started trading at $27 per share on Wednesday, marking a 29% increase from its initial public offering (IPO) price of $21 per share.

The AI TechBio company and precision medicine pioneer priced its IPO at $21.00 per share on Tuesday, offering 23,529,412 shares of its common stock. The shares are now trading on the Nasdaq Global Select Market under the ticker symbol (NASDAQ:CAI).

Caris has also granted the offering’s underwriters a 30-day option to purchase up to an additional 3,529,411 shares at the initial offering price, minus underwriting discounts and commissions.

BofA Securities, J.P. Morgan, and Goldman Sachs & Co (NYSE:GS). LLC are serving as the lead book-running managers for the company’s public offering.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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