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Progenity prices IPO at $15 midpoint

June 19, 2020
Biora Therapeutics (Progenity) logo

Progenity, which sells in vitro molecular tests for prenatal and disease screening, raised $100 million by offering 6.7 million shares at $15, within the range of $14 to $16. Progenity plans to list on the Nasdaq under the symbol PROG. Piper Sandler, Wells Fargo Securities, Baird and Raymond James acted as lead managers on the deal.