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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 IPO price is below its initial estimated offering price, which had been between $14.00 and $16.00 per share.

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Xencor Prices IPO

socalTECH

Monrovia-based biopharmaceuticals developer Xencor said this morning that it has priced its IPO, at $5.50 per share, and will start trading today on the NASDAQ Global Market as XNCR. Xencor sold 12,730,000 shares of its common stock in the IPO. Xencor was venture backed by MedImmune Ventures, HealthCare Ventures, and others.

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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 and $16.00 The company is looking to trade as XNCR on the NASDAQ Global Market.

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Green Dot Sets Pricing Range

socalTECH

Monrovia-based Green Dot , the provider of prepaid debit cards, has set pricing on its IPO, saying in a filing Friday that it estimates and initial public offering price of between $32.00 and $35.00 The firm is set to list on the NYSE as GDOT in the offering, which would net the firm around $154M at $35.00

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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. military sales contract from an un-named, U.S.

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Green Dot Prices IPO, Starts Trading Today

socalTECH

Monrovia-based Green Dot , the provider of prepaid debit cards, priced its IPO at $36.00 per share Wednesday evening, above its initial expected IPO range of $32.00 The firm has said that it will not be receiving any of the proceeds of the offering.

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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. Pricing on the new electric vehicle charging product was not announced. READ MORE>>.

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