Kardigan CEO Tassos Gianakakos
June 17, 2026 08:48 PM EDT
IPOs
Kardigan raises $400M in IPO to back three clinical-stage cardio drugs
Kyle LaHucik
Cardiology biotech Kardigan prices its Nasdaq IPO at $16, the top of range, raising $400M ahead of a Thursday debut.
Kardigan CEO Tassos Gianakakos
June 17, 2026 08:48 PM EDT
IPOs
Kardigan raises $400M in IPO to back three clinical-stage cardio drugs
Kyle LaHucik

Kardigan raises $400M in upsized US IPO, pricing at top of range

Kardigan extends biotech’s streak of big IPOs with $400M haul

Kardigan Announces Pricing of Upsized Initial Public Offering

Kardigan Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

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Kardigan raised $400 million in its upsized Nasdaq IPO, pricing at $16 per share at the top of its range, signaling renewed…

Kardigan launches $320M IPO to fund three late-stage cardio drugs as biotech listings hit a post-pandemic high.

Cardiology biotech Kardigan filed for a Nasdaq IPO under ticker {$KARD}, joining a growing roster of clinical-stage drug…

Kardigan plans to use the IPO funds to push its three in-licensed, mid-to-late-stage heart health therapies down the clinical…

Including the heart drug developer’s offering, four biotechs in 2026 have raised at least $400 million in IPO proceeds — the most…

Kardigan Announces Pricing of Upsized Initial Public Offering