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DewDiligence

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DewDiligence

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Re: DewDiligence post# 15035

Thursday, 07/20/2017 10:25:14 AM

Thursday, July 20, 2017 10:25:14 AM

Post# of 29294
CLLS IPOs 8.05M* Calyxt (CLXT) shares @$8.00:

http://www.businesswire.com/news/home/20170719006412/en/Cellectis-S.A.%C2%A0Calyxt-Announces-Pricing-56.0-Million-Initial

The initial price range for the IPO was $15-18, so evidently the demand for minority shares of a tiny ag-biotech company did not materialize to the extent the investment bankers expected.

CLLS is retaining approximately 80%* of Calyxt equity.

Calyxt has been discussed at length on iHub (e.g. thread starting at #msg-132441707).

*Assuming exercise of underwriter’s option.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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