Enzymotec reports plans to price initial public sale of ordinary stock

BofA Merrill Lynch, Jefferies are joint bookrunning managers for deal

By Devika Patel

Knoxville, Tenn., Aug. 22 - Enzymotec Ltd. plans to conduct an initial public offering of its ordinary stock with a greenshoe, according to a Form F-1 filed Thursday with the Securities and Exchange Commission.

BofA Merrill Lynch and Jefferies are the joint bookrunning managers. Wells Fargo Securities, Canaccord Genuity and Wedbush Securities are the co-managers.

Proceeds will be used for working capital requirements and other general corporate purposes.

The nutritional ingredients and medical foods company is based in Migdal Ha'Emeq, Israel. The company intends to list its common stock on the Nasdaq stock exchange under the symbol "ENZY."

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