Fulgent Genetics (FLGT) IPO Opens Modestly Higher

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Fulgent Genetics (FLGT) Prices 4.2M Common Stock IPO at $9/Share, at Low-End of Expected Range

September 29, 2016 6:06 AM EDT

Fulgent Genetics (Nasdaq: FLGT) announced the pricing of its initial public offering of 4,200,000 shares of its common stock at a public offering price of $9.00 per share, before underwriting discounts and commissions. Fulgent Genetics has granted the underwriters a 30-day option to purchase up to an additional 630,000 shares from the company at the... More