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Akcea nets $133.7mm via IPO

Executive Summary

After filing back in March, Ionis Pharmaceutical Inc.'s Akcea Therapeutics Inc. netted $133.7mm through an upsized initial public offering of 17.9mm common shares (including the overallotment) at $8 each. It planned to sell 9.6mm shares between $12 and $14. Ionis purchased 3.1mm shares in the IPO and will now own 68.3% of Akcea.

Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Antisense, Oligonucleotides
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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