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DewDiligence

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DewDiligence

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Thursday, 04/22/2021 10:01:35 AM

Thursday, April 22, 2021 10:01:35 AM

Post# of 251724
ZY IPOs 18.5M* shares @$31.00:

https://finance.yahoo.com/news/zymergen-announces-pricing-upsized-initial-033100038.html

Zymergen is a biofacturing company using biology to reimagine the world. Zymergen partners with nature to design, develop and manufacture bio-based breakthrough products that deliver value to customers in a broad range of industries. A unique combination of biology, chemistry, software and automation enables the company to design and create new materials.

One of the vaguest corporate descriptions I’ve seen in a while, but the IPO was upsized, so the demand for shares must be strong.

*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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