May 9, 2008 / 9:06 PM / 9 years ago

Aldagen Inc files for $80.5 million IPO

WASHINGTON, May 9 (Reuters) - Biopharmaceutical company Aldagen Inc filed with regulators on Friday to raise up to $80.5 million in an initial public offering of common stock.

Aldagen said in a filing with the U.S. Securities and Exchange Commission that Cowen and Co, Wachovia Securities, and Pacific Growth Equities would underwrite the IPO.

The company plans to list its stock on the Nasdaq under the symbol “ALDH”. (Reporting by Karey Wutkowski)

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