Close

Novan (NOVN) Prices 4.1M Common Stock IPO at $11/Share, at Low-End of Expected Range

Go back to Novan (NOVN) Prices 4.1M Common Stock IPO at $11/Share, at Low-End of Expected Range

Novan (NOVN) IPO Continues Higher, Nearly Doubles from IPO Price

September 22, 2016 10:37 AM EDT

Yesterday's IPO for Novan (NASDAQ: NOVN) continues higher. Shares are up another 19% to $21.57 after surging 65% on its debut Wednesday. The IPO priced at $11 and opened at $14.40.

... More

Novan (NOVN) IPO Opens Up 31%

September 21, 2016 11:34 AM EDT

Today's IPO for Novan (NASDAQ: NOVN) opened for trading at $14.40 after pricing 4,100,000 shares of common stock at a price to the public of $11 per share, the low end of the expected $11-$13 range.

Piper Jaffray & Co. is acting as sole book-running manager... More

Divided U.S. Supreme Court turns to less sensitive IP cases

September 21, 2016 1:05 AM EDT

By Lawrence Hurley

WASHINGTON (Reuters) - Shorthanded and ideologically divided, the U.S. Supreme Court has yet to take up any cases on politically sensitive social issues in its new term starting in October, instead showing a keen interest in more technical cases of importance to business such as disputes over intellectual property.

In addition to four intellectual property cases it has already agreed to hear, the court could as soon as next week take up a trademark battle that pits an Asian-American rock band and the Washington Redskins football team against the U.S. Patent and Trademark Office.... More