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Applied Genetic Technologies to sell initial public offering of stock
Barclays and BMO Capital are the joint bookrunning managers for deal
By Devika Patel
Knoxville, Tenn., Jan. 10 - Applied Genetic Technologies Corp. will price its initial public offering with a greenshoe, according to a Form S-1 filed Friday with the Securities and Exchange Commission.
Barclays and BMO Capital Markets are the joint bookrunning managers. Wedbush PacGrow Life Sciences, Cantor Fitzgerald and Roth Capital Partners are the co-managers.
Proceeds will be used for clinical trials and preclinical studies, working capital and other general corporate purposes.
The clinical-stage biotechnology company is based in Alachua, Fla. It intends to list its common stock on the Nasdaq under the symbol "AGTC."
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