Amylyx Pharmaceuticals IPO: How to buy the stock? - Kalkine Media

January 06, 2022 09:40 AM PST | By Rupam Roy
Follow us on Google News:


  • Amylyx Pharmaceuticals filed for an IPO with the US Securities and Exchange Commission (SEC) on Jan 3.

  • The company will offer 8.75 million shares of its common stock in the IPO.
  • The expected IPO price range is US$18 to US$20 per share.

Amylyx Pharmaceuticals, Inc is gearing up for its initial public offering (IPO) in the US this year.

It filed a registration statement on Form S-1 related to the IPO with the US Securities and Exchange Commission (SEC) on Jan 3, 2022.

Also Read: Five energy stocks that gave over 100% return in a year

Amylyx IPO price and total shares on offer

The Cambridge, Massachusetts-based company will offer all the shares of its common stock in the IPO, estimated at 8.75 million shares.

The IPO price is likely to be between US$18 and US$20 per share. At this price range, the company would raise around US$175 million.

It will also provide an additional 30-day option for the underwriters to purchase 1,312,500 shares at the offering price, less underwriting discounts, and commissions.

Also Read: GM unveils electric version of its top-selling pickup Chevy Silverado

Amylyx Pharmaceuticals, which develops novel therapies for neurodegenerative disorders, plans to trade its stocks in the Nasdaq Global Market (NASDAQ) under the ticker symbol AMLX.

The joint book-running managers for the offering are Goldman Sachs & Co. LLC, SVB Leerink, and Evercore ISI. The H.C. Wainwright & Co. would act as the lead manager for the offering.

Also Read: Stocks that could give FAANG companies a run for money

Amylyx Pharmaceuticals files for its IPO with the SEC

Also Read: Kasta token (KASTA) launch on Bybit – all you need to know

Amylyx Pharmaceuticals, Inc’s financial highlights

For the nine months ended Sept 30, 2021, the revenue was US$285,000 compared to US$300,000 in the same period a year ago. It also reported a net loss of US$59.58 million for the period against a loss of US$33.68 million in the first nine months of 2020.

As of Sept 30, 2021, its cash, cash equivalents, and short-term investments totaled US$125.70 million, while its total assets were worth US$130.46 million.

Also Read: The Great Resignation: Will it continue in 2022?


The number of shares or the terms of the IPO may change, subject to market conditions. The US stock market saw a record number of IPOs in 2021 – totaling around 1000 IPOs and raising about US$325 billion.


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Top Listed Companies