Third Harmonic Bio prices upsized IPO at $17 a share, midpoint of range Third Harmonic Bio Inc. , a biotech specializing in allergic and inflammatory diseases, priced its initial public offering late Wednesday at $17 a share the midpoint of its $16 to $18 price range. But the company was able to upsize the deal to 10.9 million shares from an earlier plan to offer just 9 million. raising proceeds of $185.3 million. The stock will start trading later Thursday on Nasdaq under the ticker "THRD." Morgan Stanley, Jefferies and Cowen were joint bookrunners on the deal with LifeSci Capital acting as co-manager. The loss making company is still pre-revenue. The Renaissance Capital IPO ETF has fallen 43% in the year to date, while the SP 500 has fallen 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.