Pacific Biosciences Begins Trading on Nasdaq | GenomeWeb

This article was originally published Oct. 27.

Pacific Biosciences' registration statement for its initial public offering was declared effective by the Securities and Exchange Commission last week and the company started trading on the Nasdaq Global Select Market on Oct. 27 under the ticker symbol "PACB."

The company raised $200 million in its IPO, offering 12.5 million shares of common stock at $16 per share and granting its underwriters a 30-day option to purchase up to 1.875 million shares at that price to cover over-allotments.

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