NOVN News
Archived Headlines
- US IPO Weekly Recap: Back to school for IPOs with seven launches and five filings 09/09/16
- Novan, a micro-cap biotech, sets terms for $45 million IPO 09/08/16
- US IPO Weekly Recap: IPO market gears up for a tech comeback in September 08/26/16
- Acne biotech clear for IPO: Novan files for a $60 million offering 08/24/16
US IPO Weekly Recap: 8 offerings average 38% returns in year's busiest week for IPOs
class="">Eight companies went public in the year’s most active week. Three priced above the range and each finished above its IPO price (average return of 38%). Biotech Novan and ad-tech platform The Trade Desk led the group with a 67% and 65% first da...read more
Two deals pop over 60%, a strong start to 2016's most active week of IPOs
The Trade Desk (TTD) popped 67% on Tuesday, the second-best pop from an IPO in 2016, while Novan (NOVN) took the #3 spot with a first-day pop of 65%. An impressive trade: Trade Desk up 67% ...read more
Acne biotech Novan prices upsized IPO at $11, the low end of the range
Novan, a late-stage biotech developing nitric oxide therapies for acne and other skin conditions, raised $45 million by offering 4.1 million shares at $11. It originally intended to raise $45 million by offering 3.75 million shares at a range of $11 to $13....read more
US IPO Week Ahead: Year's most active week with 9 IPOs
class="">Nine deals are on the IPO calendar for the week ahead, aiming to raise a combined $1.2 billion. Set to be the most active week of 2016, the wave of deals counts three founder-led high-growth software companies and a teleco...read more