Overallotment

Third, we are well positioned to advance our clinical program based on a focus on capital efficiency with a strong balance of $40 million, including $17 million raised in an August public offering and the overallotment plus a $5 million PanCAN grant.

Bain Capital-backed chipmaker Kioxia’s initial public offering has raised 120 billion yen ($800 million) including an overallotment after shares were priced in the middle of their marketed range, according to a securities filing on Monday.