Cellular Dynamics International Files for $57 Million IPO
Published: Jun 05, 2013
Cellular Dynamics International Registers for IPO Worth Up to $57 Million
MADISON, Wis., June 4, 2013 /PRNewswire/ -- Cellular Dynamics International, Inc., a developer and manufacturer of fully functioning human cells in industrial quantities to precise specifications, today announced that it has filed a registration statement on June 3, 2013, on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to the proposed initial public offering of its common stock. The registration statement filed on June 3, 2013, represents the Company's initial public filing pursuant to the provisions of the Jumpstart Our Business Startups (JOBS) Act of 2012. The common stock is expected to be listed on the NASDAQ Global Market under the symbol "ICEL." The number of shares to be offered and the price range for the offering have not been determined.
J.P. Morgan Securities LLC is acting as the sole book-running manager for the offering. Cowen and Company, LLC and Leerink Swann LLC are acting as co-managers.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; telephone: 866-803-9204
SOURCE Cellular Dynamics International, Inc.
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