July 25, 2007 / 10:19 AM / 10 years ago

Archemix files for up to $69 mln IPO

July 25 (Reuters) - Biotechnology company Archemix Corp. filed with U.S. regulators on Wednesday to raise up to $69 million in an initial public offering of common stock.

Banc of America Securities LLC, Bear, Stearns & Co. Inc. and Cowen and Co. are underwriting the IPO, the Cambridge, Massachusetts-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus.

The filing did not reveal how many shares the company planned to sell or their expected price, but said it had applied for a Nasdaq listing under the symbol “ARCH.” (Reporting by Sayantani Ghosh in Bangalore)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below