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Advanced Accelerator registers $75 million of ADSs for initial sale
Bookrunners Citigroup, Jefferies, co-managers Canaccord, JMP to assist
By Devika Patel
Knoxville, Tenn., Oct. 1 – Advanced Accelerator Applications SA will price its initial public offering of American Depositary Shares with a 30-day greenshoe, according to a Form F-1 filed Thursday with the Securities and Exchange Commission. The company has registered up to $75 million of stock.
Citigroup and Jefferies are the bookrunning managers; Canaccord Genuity and JMP Securities are the co-managers.
Proceeds will be used for marketing, manufacturing and commercialization, construction, clinical trials, research, development, general corporate purposes and potential acquisitions.
The radiopharmaceutical company is based in Pouilly, France. It expects the ADSs to trade on the Nasdaq under the symbol “AAAP.”
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