新型冠状病毒

IPO ‘roadshows’ from home cause bankers to question the old ways

Anthony Sun carried out the preparation for his stock market listing last month from his children’s bedroom, sleeping in their bunk bed and emerging only to use the bathroom and collect the food his wife left outside the door.

“I told my family I was going to be physically gone for four days,” said Mr Sun, chief executive of Zentalis Pharmaceuticals.

The intense burst of video calls with prospective investors resulted in the New York-based company raising $190m and valuing Zentalis at $800m, the very top of its target range.

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