One month af­ter $115M megaround, mus­cle dis­ease-fo­cused Dyne goes pub­lic with $233M IPO

Af­ter com­plet­ing a fi­nanc­ing megaround for $115 mil­lion just a lit­tle over a month ago, Dyne Ther­a­peu­tics is ready to hit the Nas­daq on Thurs­day.

The biotech has raised $233 mil­lion for its pub­lic of­fer­ing af­ter pric­ing shares at $19 apiece, above its ex­pect­ed range of $16 to $18. That’s an of­fer­ing that’s well-up­sized — by about 33% — af­ter Dyne ini­tial­ly filed its S-1 in late Au­gust, when it es­ti­mat­ed on­ly a $100 mil­lion raise. Dyne will trade un­der the tick­er $DYN.

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