Capnia amends IPO

Capnia Inc. (Redwood City, Calif.) amended its IPO on NASDAQ and now plans to raise $11.1 million through the sale of 1.7 million units at $6.50. Each unit comprises a share and a five-year warrant to purchase a share at $5. Last month, the company said it planned to sell 2.7 million units at $6.50-$8.50. Capnia filed to raise up to $23 million in the offering in June. Maxim; National Securities; and Dawson James Securities are underwriters. ...