Organovo Holdings reports plans to price public sale of common shares

Bookrunners Jefferies, Piper Jaffray seek funds for corporate purposes

By Devika Patel

Knoxville, Tenn., June 17 – Organovo Holdings, Inc. will conduct a public offering of common stock with a 30-day greenshoe option, according to a 424B5 filed Wednesday with the Securities and Exchange Commission.

Jefferies LLC and Piper Jaffray & Co. are the joint bookrunners.

Proceeds will be used for general corporate purposes, including research and development, product development and commercialization, general administrative expenses, license or technology acquisitions, working capital and capital expenditures.

Based in San Diego, Organovo is a three-dimensional biology company focused on delivering breakthrough bioprinting technology and creating tissue on demand for research and medical applications.

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