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ARTICLE | Financial News

Scynexis amends IPO again

April 3, 2014 12:46 AM UTC

Scynexis Inc. (Research Triangle Park, N.C.) again amended its IPO and now plans to sell 7.3 million shares at $7-$8. At the $7.50 midpoint, the company would raise $55 million and be valued at $141.2 million. Last month, Scynexis said it planned to sell 4.2 million shares at $12-$14. RBC Capital Markets; Canaccord; and JMP Securities are underwriters. ...