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David Morris

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San Francisco
As seen in: Bloomberg News, MSN, Yahoo Finance, Yahoo Finance UK, Entrepreneur, Fortune, The Mercury News, Irish Independent, Barron's, Financial Post, St. Louis Post-Dispatch and
Contract photographer with Bloomberg News based in San Francisco with frequent trips to Hong Kong and beyond.
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Articles

Cancer Drugmaker BlossomHill Ends Flat After Upsized IPO

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By David Morris Verified
| Bloomberg News Verified
(Bloomberg) -- BlossomHill Therapeutics Inc. shares closed flat in their debut after the oncology-focused biotech firm raised $150 million in an upsized US initial public offering. The stock ended Friday’s trading in New York at $16 each, level with the IPO price. BlossomHill had marketed 7.8 million shares for $15 to $17 each, according to its filings. The trading gives the San Diego-based firm a market value of about $490 million based on the outstanding shares listed in the filings.
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A16z-Backed Biotech Braveheart Seeks $318.8 Million in US IPO

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By David Morris Verified
| Bloomberg News Verified
Bloomberg (Bloomberg) -- Braveheart Bio Inc., a clinical-stage biopharmaceutical company backed by a16z, is seeking to raise as much as $318.8 million in an initial public offering, adding to a growing pipeline of listings in the sector. The San Francisco-based developer of drugs for cardiovascular diseases is offering 18.8 million shares for $15 to $17 each, according to a filing Thursday with the US Securities and Exchange Commission.
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Chip Giant CXMT Seeks $9.8 Billion in Shanghai IPO

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By David Morris Verified
| Yahoo Finance UK Verified
(Bloomberg) -- Chinese memory giant CXMT Corp. unveiled the terms of its initial public offering. Most Read from Bloomberg The company formally known as ChangXin Memory Technologies Inc. priced the offering on Shanghai's chip-heavy STAR Board at 8.66 yuan apiece, according to a filing Tuesday. The offering consists of 6.69 billion shares, or 7.69 billion shares including an overallotment option.
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