GOLETA, Calif., Feb. 20, 2014 (GLOBE NEWSWIRE) -- Inogen, Inc. (Nasdaq:INGN) today announced that it has closed its previously announced initial public offering of 4,411,763 shares of its common stock at a price to the public of $16.00 per share. In connection with the initial public offering, Inogen offered 3,529,411 shares of common stock and certain selling stockholders offered 882,352 shares of common stock. Inogen will not receive any proceeds from the sale of shares by selling stockholders. In addition, certain selling stockholders granted the underwriters a 30-day option to purchase up to 661,764 additional shares of common stock at the initial public offering price, which the underwriters have not yet exercised. The shares of common stock are traded on The NASDAQ Global Select Market under the symbol “INGN.”
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