Lyntris Inc. Prices IPO at $17.50 Per Share
The company enters the public market with an estimated $60 million in net proceeds.
Lyntris Inc. has priced its initial public offering at $17.50 per share. The company expects to generate $60 million in net proceeds from the offering.
This capital raise brings the total shares outstanding to 115,949,384. The offering includes an over-allotment of 2,550,000 shares.
These figures result in a market capitalization of $2,029,114,220.00.