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UK-based GW Pharmaceuticals nets $29mm in US IPO

Executive Summary

GW Pharmaceuticals PLC, UK developer of prescription cannabinoids, netted $29mm in its initial public offering in the US on the Nasdaq. As planned, it sold 3.5mm ADSs for $8.90. The company has been trading publicly on the London Stock Exchange’s AIM since June 2001.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Molecular Diversity
        • Natural Products
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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