The Tampa, Florida-based company offered all of the shares. In addition, Accentia has granted to the underwriters a 30-day option to purchase up to 360 thousand additional shares to cover excess demand.
Accentia Biopharmaceuticals is a biopharmaceutical company focused on the development and commercialization of late-stage clinical products in the therapeutic areas of respiratory disease and oncology.
Accentia''s common stock was listed on the Nasdaq National Market and closed the first day and week at $7.25, or 9.4% down from the offering.
IPO CALENDAR – week of October 31st
Internet service provider CBeyond Communications ( CBEY) plans to offer 6.1 million shares within a price range of $13-$14 a share, in a bid to raise $85.4 million. The company lowered its range from $16-18 a share on Thursday. Deutsche Bank will be the lead manager on the deal.
Real estate investment trust Newkirk Realty Trust ( NKT) plans to offer 20 million shares within a price range of $19-$21 per share, in a bid to raise $400 million. Bear Stearns and CS First Boston head the list of underwriters on the deal.
Internet service provider Website Pros ( WSPI) plans to offer 6.8 million shares within a price range of $9-$11 a share. Friedman Billings, Piper Jaffray and RBC Capital Markets will manage the deal.
Blank check company Cold Spring Capital ( CDS) plans to offer 20 million shares at $6 a share, in a bid to raise $120 million. Deutsche Bank and BB&T Capital Markets will underwrite the offering. |