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Inogen prices IPO at $16, the low end of the range

2/13/2014 5:04:00 PM
By: Renaissance Capital
Referenced Stocks:INGN

Inogen, which manufactures portable oxygen concentrators, raised $71 million by offering 4.4 million shares at $16, the low end of the range of $16 to $18. Inogen plans to list on the NASDAQ under the symbol INGN. Inogen initially filed confidentially on 10/16/2013. J.P. Morgan was the sole bookrunner on the deal.