Bind Therapeutics plans to price its initial public offering of stock

Credit Suisse and Cowen are joint bookrunners; JMP, Stifel to assist

By Devika Patel

Knoxville, Tenn., Aug. 12 - Bind Therapeutics, Inc. will conduct an initial public offering of its common stock with a 30-day greenshoe option, according to an S-1 filing made Monday with the Securities and Exchange Commission. The company intends to list its common stock on the Nasdaq under the symbol "BIND."

Credit Suisse Securities (USA) LLC and Cowen and Co., LLC are the joint bookrunning managers. Stifel, Nicolaus & Co., Inc. and JMP Securities LLC are the co-managers.

Proceeds will be used for the development of BIND-014, working capital and general corporate purposes.

Based in Cambridge, Mass., the clinical-stage nanomedicine company is developing Accurins, which is designed to target specific cells or tissues and concentrate a therapeutic payload at the site of disease.

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