Zymergen Inc. (ZY) Prices 16.13M Share Upsized IPO at $31/Sh

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Zymergen Announces Pricing of Upsized Initial Public Offering

April 21, 2021 11:31 PM EDT

EMERYVILLE, Calif., April 21, 2021 (GLOBE NEWSWIRE) -- Zymergen Inc. (Zymergen), one of the worlds foremost biofacturing companies, today announced the pricing of its initial public offering of 16,130,000 shares of its common stock at a public offering price of $31.00 per share. In addition, Zymergen has granted the underwriters a 30-day option to purchase up to an additional 2,419,500 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. Zymergens common stock is expected to begin trading on the Nasdaq Global Select Market on April 22, 2021 under the ticker symbol ZY. The gross proceeds from the offering... More