StockWatch
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Pharmaceutical Preparations
Corporate ActionJul 15, 2026, 06:07 AM

Tarsier Pharma to IPO 5.56M Shares at $8-10; 10-for-1 Forward Split

AI Summary

Tarsier Pharma Ltd. filed an amendment to its F-1 registration statement for an initial public offering of 5,555,555 ordinary shares, with an anticipated price range of $8.00 to $10.00 per share. The company plans to list its shares on the NYSE under the symbol "TARX". Prior to the offering, a 10-for-1 forward stock split will be effected. Tarsier Pharma is an emerging growth company and a foreign private issuer, developing novel therapies for blinding eye diseases, including lead product candidate TRS01 for uveitis and uveitic glaucoma.

Key Highlights

  • Initial public offering of 5,555,555 ordinary shares.
  • Anticipated IPO price range of $8.00 to $10.00 per share.
  • Assumed offering price of $9.00 per share for calculations.
  • 10-for-1 forward stock split to be effected before closing.
  • Application to list ordinary shares on NYSE under "TARX".
  • Underwriter granted option to buy up to 833,333 additional shares.
  • Company qualifies as an "emerging growth company" and "foreign private issuer".