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Cellular Dynamics prices IPO at $12.00, low end of the range

By: Renaissance Capital
Posted: 7/24/2013 7:36:00 PM
Referenced Stocks: ICEL

Cellular Dynamics International, which develops and manufactures functioning human cells in large quantities, raised $46 million by offering 3.8 million shares at $12, the low end of the range of $12 to $14. Cellular Dynamics International plans to list on the NASDAQ under the symbol ICEL. J.P. Morgan acted as bookrunner on the deal.