combinatorx.com
BOSTON, Nov 09, 2005 (BUSINESS WIRE) -- CombinatoRx, Incorporated (Nasdaq: CRXX) today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at $7.00 per share, before underwriting discounts and commissions. All of the common stock is being offered by CombinatoRx. In addition, CombinatoRx has granted the underwriters an option to purchase up to an additional 900,000 shares to cover over-allotments, if any. SG Cowen & Co., LLC is acting as sole book-running manager, Pacific Growth Equities, LLC is acting as co-lead manager, and Lazard Capital Markets and A.G. Edwards are acting as co-managers for the offering. CombinatoRx's common stock is expected to be accepted for quotation on the NASDAQ National Market on November 9, 2005 under the symbol "CRXX." |