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Flex Pharma plans to price its initial public offering of common stock
Company to sell stock through bookrunners Jefferies and Piper Jaffray
By Devika Patel
Knoxville, Tenn., Dec. 29 – Flex Pharma, Inc. will conduct an initial public sale of common stock with a 30-day greenshoe, according to a Form S-1 filed Monday with the Securities and Exchange Commission.
Jefferies and Piper Jaffray are the bookrunning managers, JMP Securities is the lead manager and Cantor Fitzgerald & Co. and Roth Capital Partners are the co-managers.
Proceeds will be used for research and development, sales and marketing, working capital and general corporate purposes.
The biotechnology company is based in Boston. The company’s expects its shares will trade on the Nasdaq under the symbol “FLKS.”
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