June 22, 2020 / 11:30 AM / 2 months ago

BRIEF-PolyPid Ltd Sees IPO Of 3.125 Mln Ordinary Shares Priced Between $15-$17/Shr

June 22 (Reuters) - PolyPid Ltd:

* POLYPID LTD SEES IPO OF 3.125 MILLION ORDINARY SHARES PRICED BETWEEN $15 AND $17 PER SHARE - SEC FILING

* POLYPID LTD SAYS CERTAIN EXISTING SHAREHOLDERS, INDICATE TO BUY ABOUT $27 MILLION OF ORDINARY SHARES AT IPO PRICE PER SHARE

* POLYPID LTD SAYS TO USE ABOUT $32-$35 MILLION OF IPO PROCEEDS TO INITIATE AND COMPLETE FIRST PLANNED PHASE 3 CLINICAL TRIAL OF D-PLEX100 Source text(bit.ly/2NfT4Oq) Further company coverage:

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