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Light Sciences withdraws IPO plans; cites market conditions
February 8, 2008 / 5:35 PM / 10 years ago

Light Sciences withdraws IPO plans; cites market conditions

Feb 8 (Reuters) - Light Sciences Oncology Inc on Friday filed with the U.S. Securities and Exchange Commission to withdraw its initial public offering, citing unfavorable market conditions.

The company had earlier filed to offer 5.25 million shares at an estimated price of $14 to $16 apiece. Its stock had been approved for listing on the Nasdaq under the symbol “LSON.” (Reporting by Sayantani Ghosh in Bangalore;)

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