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Hyseq, Inc. Announces Initial Public Offering of 3,000,000 Shares of Common Stock
SUNNYVALE, Calif., Aug. 8 /PRNewswire/ -- Hyseq, Inc. (Nasdaq:HYSQ) announced today the public offering of 3,000,000 shares of its Common Stock at a price of $14.00 per share. All of the shares being offered are being issued and sold by Hyseq. Lehman Brothers Inc., Smith Barney Inc. and Fahnestock & Co. Inc. managed the underwriting. In addition, Hyseq has granted the underwriters an option to purchase up to 450,000 additional shares to cover over-allotments.
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biz.yahoo.com
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IPO PRICING- Hyseq at $14 -- top of range
NEW YORK, Aug 8 (Reuter) -
Company Name Hyseq Inc Priced At $14 Estimated Pricing Range $12 - $14 Number of Shares 3,000,000 Lead Underwriter Lehman Brothers
NOTE: The proposed number of shares for the planned initial public offering in Hyseq Inc were raised to three million shares from 2.75 million shares previously.
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