Acacia Research (ACTG) Sold $22.3M of Oxford Nanopore in IPO, Remaining Stake Worth $280.8M
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Acacia’s Portfolio Holding, Oxford Nanopore, Completes IPO on the London Stock Exchange Generating Net Proceeds of $22.3 Million to Acacia
October 5, 2021 8:04 AM EDTFollowing its sale of 3.9 million shares in the IPO, Acacia retains a 4.4% stake in Oxford Nanopore on commencement of unconditional dealing in the shares on the Main Market
NEW YORK--(BUSINESS WIRE)-- Acacia Research Corporation (Nasdaq: ACTG) (Acacia) today announced that Oxford Nanopore Technologies Limited (Oxford Nanopore), the company behind a new generation of nanopore-based sensing technology, whose products enable the real-time, high-performance, scalable analysis of DNA and RNA, has successfully completed its Initial Public Offering of shares on the London Stock Exchange at 425 pence per share.
The sale of... More
