Calyxt Files $50M IPO

June 23, 2017 12:15 PM EDT

Calyxt, a spin-off of Cellectis (NASDAQ: CLLS), files a $50 million IPO on form S-1 with the SEC.

The offering is being led by Citigroup, Credit Suisse and Jefferies.

Calyxt is a consumer-centric, food- and agriculture-focused company. By combining leading gene-editing technology and technical expertise with our innovative commercial strategy, they are pioneering a paradigm shift to deliver healthier specialty food ingredients, such as healthier oils and high fiber wheat, for consumers and agriculturally advantageous crop traits, such as herbicide tolerance, to farmers.



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