Shares of Seaport Therapeutics Inc. are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "SPTX" on May 1, 2026.
Seaport is a clinical-stage therapeutics company focused on inventing and developing new medicines for patients with depression, anxiety, and other debilitating neuropsychiatric disorders.
The company has priced its upsized initial public offering of 14.16 million shares of its common stock at $18.00 per share, at the top of the target range. The offering is scheduled to close on May 4, 2026, and gross proceeds to the company are expected to be $254.9 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.