Alcobra bumps shares for NASDAQ IPO

Alcobra Ltd. (Tel Aviv, Israel) amended its IPO and now plans to sell 2.3 million shares at $10-$12. An $11 price would raise $25 million and value the company at $112.8 million. Last month, the company said it planned to sell 1.4 million shares at $10-$12. Aegis Capital and Sunrise Securities are underwriters. In January, Alcobra proposed to raise up to $17.3 million in the offering. ...