Stockadora

IPOs / April 2026

Kailera Therapeutics, Inc. went public at $16.00 a share

It sold 39,062,500 shares on Nasdaq Global Select Market under the ticker KLRA and raised $625.0 million before costs.

Final prospectus (424B4) filed April 17, 2026

The terms

  • Offered 39,062,500 shares Checked
    Source
    “We are offering 39,062,500 shares of our common stock.”
    A model read this, and code confirmed the quote appears in the filing.
  • Price per share $16.00 Checked
    Source
    “The public offering price is $16.00 per share.”
    A model read this, and code confirmed the quote appears in the filing.
  • Raised $625,000,000before fees and costs Checked
    Source and check
    Shares × price = 39,062,500 × $16.00 = $625,000,000. They match.
    “Public offering price | $16.00 | $625,000,000”
    A model read this, and code confirmed the quote appears in the filing.
  • Bank fee $43,750,000$1.12 a share, 7.0% of the raise Checked
    Source
    “Underwriting discount and commissions(1) | $1.12 | $43,750,000”
    A model read this, and code confirmed the quote appears in the filing.
  • Lead banks J.P. Morgan, Jefferies, Leerink Partners, TD Cowen, Evercore ISI From the prospectus
    Source
    “Joint Book-Running Managers J.P. Morgan | Jefferies | Leerink Partners | TD Cowen | Evercore ISI”
    A model read this, and code confirmed the quote appears in the filing.
  • Trades as KLRA on Nasdaq Global Select Market Checked
    Source
    “Our common stock has been approved for listing on the Nasdaq Global Select Market under the symbol “KLRA.””
    A model read this, and code confirmed the quote appears in the filing.
  • Extra for the banks Up to 5,859,375 sharesan option the banks may use From the prospectus
    Source
    “We have granted the underwriters an option for a period of 30 days from the date of this prospectus to purchase up to 5,859,375 additional shares of common stock from us at the initial public offering price, less the underwriting discounts and commissions.”
    A model read this, and code confirmed the quote appears in the filing.
  • Final prospectus filed April 17, 2026
Not investment advice.Open the filing on SEC.gov

Who owns the company after the IPO

From the prospectus 39,062,500 of 123,677,939 shares outstanding after the offering (31.6%).

New public investors own 31.6 percent after the IPO, earlier owners 68.4 percentOwners before the IPO 68.4%31.6%New public investors

Where Kailera Therapeutics, Inc. sits among the last 12 months

Each bubble is one IPO. Bigger and higher means more money raised. The scale grows by ten times at each line.

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