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Anti-infectives biotech Scynexis nets $58.7mm in initial public offering

Executive Summary

Scynexis Inc. (anti-infectives) netted $58.7mm in its initial public offering of 6.2mm shares for $10. In March the company initially set terms of 4.2mm shares at $12-14, but in April increased the number of shares to 7.3mm and lowered the price range to $7-8.
Deal Industry
  • Contract Research, Toxicology Testing-CRO
  • Pharmaceuticals
  • Services
  • Biotechnology
    • Drug Discovery Tools
      • Molecular Diversity
        • Natural Products
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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