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Genetic testing company Fulgent Genetics nets $40.4mm in IPO

Executive Summary

Fulgent Genetics Inc. (NGS and genetic testing) netted $40.4mm in its IPO of 4.8mm (including full exercise of the 630k overallotment) shares at $9 (below its planned $12-14 range).
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
    • Gene Therapy, Cell Therapy
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Laboratory Testing Services
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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