In October, CAMP4 Therapeutics Corporation CAMP priced its initial public offering of 6.82 million at $11.00 per share, with approximately $75 million in gross proceeds.
Camp4 Therapeutics is seeking $75 million in an IPO to fund the advancement of its clinical-stage biopharma programs targeting genetic disorders. CAMP's lead candidate, CMP-CPS-001, has shown positive Phase 1 safety results for treating urea cycle disorders, with no concerning safety trends observed. The urea cycle disorders market is moderate in size, with a low expected growth rate, but Camp4 aims to broaden into larger markets.
| Biotechnology Industry | Healthcare Sector | Joshua Mandel-Brehm CEO | NASDAQ (NMS) Exchange | 13463J101 CUSIP |
| US Country | 55 Employees | - Last Dividend | 2 Feb 2024 Last Split | 7 Sep 1984 IPO Date |
CalAmp Corp. is a connected intelligence company that crafts and delivers data-driven solutions to individuals and organizations globally. With operations spanning the United States, Europe, the Middle East, Africa, Latin America, and the Asia-Pacific, CalAmp makes use of an extensive solutions ecosystem to enhance data utility for its customers. The company divides its offerings into two main segments: Software & Subscription Services and Telematics Products. These solutions are targeted towards enhancing operations in diverse sectors such as automotive, telecommunications, industrial equipment, transportation, logistics, government, insurance, and more. Founded in 1981, CalAmp is based in Irvine, California, and propels its market reach through a combination of direct sales, channel partners, OEM relationships, and online platforms.
CalAmp Telematics Cloud: A comprehensive, cloud-based platform that enables the integration of both CalAmp's applications and those developed by third parties through its open APIs. This service offers a robust foundation for deploying telematics solutions that cater to fleet management, supply chain integrity, and vehicle location on an international scale.
Software as a Service (SaaS) Applications: Delivers web-based applications that provide tracking and monitoring functionalities for fleets, asset management, and supply chain oversight. These services are designed to improve operational efficiency and ensure integrity along the entire supply chain.
Telematics Products: Includes a variety of hardware devices such as asset tracking units, mobile telematics devices, wireless gateways, and routers designed for both fixed and mobile applications. These products serve the critical function of collecting, monitoring, and communicating important information from assets in the field, thereby enabling businesses to optimize their operations.
Advanced Telematics for Connected Vehicles and IoT: Offers sophisticated products that cater to the needs of the evolving connected vehicle and Internet of Things (IoT) markets. These innovations allow for the collection of business-critical data and intelligence, facilitating improved decision-making and operational efficiencies across various industries.
Professional Services: Beyond its product lineup, CalAmp provides tailored professional services including project management, engineering support, and installation services to ensure the successful deployment and utilization of its solutions.