Updated May. 2, 2014 at 7:42 a.m.

Premium Lock No IPO yet for Scynexis, which alters offering after reverse stock split, debt deal

Published: 2014-05-01 09:09:00
Updated: 2014-05-02 07:42:45


Scynexis may finally go public this week after several delays and at a higher stock price. But the IPO will occur only after Scynexis management executed a reverse stock split, substantially lowered the options price for some shares, and struck a new credit deal with Sanofi. Trading did not begin Thursday, however....

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