Twist raises $70M in NASDAQ IPO

Twist Bioscience Corp. (NASDAQ:TWST) raised $70 million in an IPO of 5 million shares at $14 on Oct. 31. The price values the DNA synthesis company at $372.5 million.

Twist had proposed to sell 5 million shares at $14-$16. At the $15 midpoint, the company would have raised $75 million for a valuation of $399.1 million...