WilmerHale represented the underwriters in the initial public offering of 9,000,000 shares of common stock of Candel Therapeutics, Inc., for aggregate gross proceeds of $72 million. The offering priced on July 26, 2021 at $8.00 per share and closed on July 29, 2021.
The team representing the underwriters consisted of Partner Lisa Firenze, Counsel Stephanie Leopold, Senior Associate Sean Linnehan and Associates Erin Bruynell and Amanda Navarro, with support from Partners Bruce Manheim and Colleen Superko and Attorney Heidi Treiber.