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Fulgent Genetics Up Slightly In IPO Debut

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Temple City-based Fulgent Genetics , closed its first day on the public markets up slightly, at $9.18 per share, after debuting at $9.00 per share this morning. The company priced at $9.00 a share on Wednesday night, and is now trading as FLGT on the NASDAQ Global Market. in its IPO.

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Fulgent Genetics Files For IPO

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Temple City-based Fulgent Genetics , based in the San Gabriel Valley, has filed for an IPO, saying that it is seeking to raised $50M in an IPO on the NASDAQ Global Market as FLGT. The IPO is being underwritten by Credit Suisse, Piper Jaffray, Raymond James, and BTIG.

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Two SoCal IPOs On IPO Calendar For This Month

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Southern California's tech industry appears to be seeing a bit of a mini IPO boom, with the latest IPO being San Diego's Airgain, which had its IPO on August 21st; another IPO filing, by Temple City-based Fulgent Genetics earlier this week; and a report that Venice-based Snapchat is out hiring an IPO banker. READ MORE>>.

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Fulgent Genetics Poised For IPO On Wednesday

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Hsieh--who holds the majority shares in Temple City-based Fulgent--is being honored by USC for the 10th anniversary of his gift to USC in the next few weeks.

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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

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