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Provider: Reuters Investment Profile
Provider: GlobalData

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Zafgen Inc announces pricing of initial public offering

Wednesday, 18 Jun 2014 05:10pm EDT 

Zafgen Inc:Says pricing of its initial public offering of 6,000,000 shares of its common stock at a price to the public of $16.00 per share, before underwriting discounts.All of the common stock is being offered by Zafgen.In addition, Zafgen has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of common stock to cover over-allotments, if any.shares are expected to begin trading on the NASDAQ Global Market on June 19, 2014 under the symbol ZFGN.Leerink Partners LLC and Cowen and Company, LLC are acting as joint book-running managers of the offering.Canaccord Genuity Inc. and JMP Securities LLC are acting as co-managers.