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Xencor Sets IPO Pricing

socalTECH

Monrovia, California-based Xencor has set the initial offering price for its IPO, saying in a filing Thursday morning that it will offer up 10,700,000 shares of its common stock at $7.00 The company plans to trade on the NASDAQ Global Market as XNCR. The company develops biopharmaceuticals technology. and $16.00

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Xencor Sets IPO Pricing Range

socalTECH

Monrovia, California-based Xencor , the biopharmaceuticals technology developer headed by Bassil Dahiyat, has set its IPO pricing range, saying today in a regulatory filing that it is expecting to price its IPO at between $14.00 The company is looking to trade as XNCR on the NASDAQ Global Market. and $16.00

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AeroVironment Wins $8.5M Military Contract

socalTECH

Monrovia, California-based AeroVironment , which develops unmanned aerial vehicles, said late Monday that it has received a $8.5M According to AeroVironment, the $8,584,734 firm-fixed-price U.S. The company said those unmanned aircraft are expected to be delivered in June of 2020. military sales contract from an un-named, U.S.

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AeroVironment Releases New EV Charger Product

socalTECH

Monrovia-based AeroVironment is expanding its lineup of chargers for the electric vehicle market, with a new product specifically aimed at the forklift and materials handling market. The company said the new product implements a new sophisticated charge algorithm, battery thermal management, and anti-arc technology. READ MORE>>.

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Xencor Launches $110M Public Offering

socalTECH

Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The publicly traded biotechnology developer--which trades on the NASDAQ as XNCR--said it has priced the offering at $24.000 per share.

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AeroVironment Gears Up For Fight With Activist Investor Group

socalTECH

Monrovia-based AeroVironment released a response Wednesday to activist investor Engaged Capital , which has taken a 5 percent stake in the maker of unmanned aerial vehicles and electric charging stations. Engaged Capital is an investor based in Newport Beach. READ MORE>>.

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SoCal Racks Up Another Successful IPO

socalTECH

Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.