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MannKind closes $81.4mm IPO

Executive Summary

After filing for an $86.25mm initial public offering in April, MannKind (drug delivery and cancer therapeutics) revised the offering in early July to sell 5.5mm common shares between $13-15 each, to bring in up to $82.5mm. It finally completed the IPO in late July, selling 6.25mm common shares priced at $14 each, netting the company $81.4mm.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
    • Drug Delivery
      • Pulmonary
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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