BioCentury
ARTICLE | Financial News

Accentia prices IPO

October 29, 2005 1:30 AM UTC

Specialty pharma company Accentia (ABPI) raised $19.2 million in an IPO through the sale of 2.4 million shares at $8, giving it a post-money valuation of $231 million. The underwriters were Jefferies; Ferris Baker Watts; Stifel Nicolaus and GunnAllen. The price was at the low end of the proposed range of $8-$10. The company originally filed to raise up to $86.3 million in February. ...