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

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....

Read More
Read More

WRAL TechWire any time: Twitter, Facebook

Copyright 2014 WRAL TechWire. All rights reserved.
Editor's Blog

Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read more articles…

Please Log In to add a comment.

Best of TechWire Insider

Techwire Inside Partners

OUR INSIDERS

Frank Vinluan
Life science
Vivek Wadhwa
Commentary
Dr. Mike Walden
Tech economy
Scroll