Applied Genetic Technologies Corporation Announces Pricing of Initial Public Offering

GAINESVILLE, Fla., March 26, 2014 (GLOBE NEWSWIRE) -- Applied Genetic Technologies Corporation today announced the pricing of its initial public offering of 4,166,667 shares of its common stock at a price to the public of $12.00 per share, before underwriting discounts. All of the common stock is being offered by AGTC. In addition, AGTC has granted the underwriters a 30-day option to purchase up to an additional 625,000 shares at the initial public offering price to cover over-allotments, if any. The shares are expected to begin trading on the NASDAQ Global Market on March 27, 2014 under the symbol "AGTC."

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