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Fungus fighter Cidara Therapeutics sets terms for $60 million IPO

Cidara Therapeutics, which is developing novel therapies for fungal infections, announced terms for its IPO on Monday. The San Diego, CA-based company plans to raise $60 million by offering 4.0 million shares at a price range of $14 to $16. At the midpoint...read more

Fungus beware: Cidara Therapeutics files for a $69 million IPO

Cidara Therapeutics, which is developing novel therapies for fungal infections, filed on Friday with the SEC to raise up to $69 million in an initial public offering. Last year's antifungal biotech SCYNEXIS (SCYX) trades at about its offer price. The...read more

SCYNEXIS prices IPO at $10, as expected

SCYNEXIS, a biotech developing treatments for life-threatening fungal infections, raised $62 million by offering 6.2 million shares at $10, as expected. SCYNEXIS plans to list on the NASDAQ under the symbol SCYX. RBC Capital Markets and Canaccord Genuity acted...read more

SCYNEXIS increases deal size to $62 million but slashes market cap

SCYNEXIS, a biotech developing treatments for life-threatening fungal infections, raised the proposed deal size for its upcoming IPO on Wednesday. The Durham, NC-based company now plans to raise $62 million by offering 6.2 million shares at $10 per share. The...read more