OncoMethylome Raises 3.3M Euros, Bringing IPO Proceeds up to 25.3M Euros

Jul 03, 2006

NEW YORK (GenomeWeb News) - Following its initial public offering and Euronext listing on June 27, OncoMethylome Sciences said on Friday that it has raised an additional €3.3 million through the exercise of over-allotment option by Fortis and ING, the joint lead managers in the offering.

OncoMethylome granted the option on up to 440,000 new shares, at the IPO price of €7.5 per share.

As a result, the company's proceeds from the IPO total €25.3 million.

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