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Rigel completes 5.65mm-share IPO

Executive Summary

After withdrawing an initial public offering for up to $100mm earlier this year, Rigel Pharmaceuticals (functional genomics, combinatorial biology) netted $35.8mm in its IPO of 5.65mm shares (including the overallotment) at $7 each--this time it had hoped to sell 9mm shares at a price range of $8-10.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
      • Molecular Diversity
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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