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Achaogen Inc announces closing of initial public offering


Monday, 17 Mar 2014 11:55am EDT 

Achaogen Inc:Closing of its initial public offering of 6,900,000 shares of its common stock at a price to the public of $12.00 per share.Which includes the exercise in full by the underwriters of their option to purchase up to 900,000 additional shares of common stock to cover over-allotments, resulting in aggregate gross proceeds of $82,800,000.Credit Suisse Securities (USA) LLC and Cowen and Company, LLC acted as joint book-running managers for the offering. 

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