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Foundation Medicine Inc Announces Closing of Initial Public Offering

Monday, 30 Sep 2013 04:05pm EDT 

Foundation Medicine Inc announced the closing of its initial public offering of 6,772,221 shares of common stock at a public offering price of $18.00 per share, before underwriting discounts, which includes the exercise in full by the underwriters of their option to purchase up to 883,333 additional shares of common stock. All of the common stock was offered by Foundation Medicine. The Company`s stock is listed on The NASDAQ Global Select Market on under the trading symbol FMI. Goldman, Sachs & Co. and J.P. Morgan Securities, LLC acted as joint book-running managers of the offering. Leerink Swann LLC and Sanford C. Bernstein & Co., LLC acted as co-managers. 

Company Quote

21 Nov 2014