Friday, January 28, 2011

Fluidigm Sets IPO Pricing Range

South San Francisco-based Fluidigm has set the pricing range on its IPO, saying today in a filing with the SEC that it expects to offer 5,172,414 shares of its common stock at between $13.50 and $15.50 per share. Fluidigm is planning to list on the NASDAQ Global Market as FLDM. Fluidigm's IPO is being underwritten by Deutsche Bank Securities, Piper Jaffray, Cowen and Company, and Leerink Swann. The firm is backed by Alloy Funds, EuclidSR, the government of Singapore, Fidelity Funds, InterWest, Lehman, Versant Funds, and SMALLCAP World Fund. Fluidigm is a maker of DNA chips, used in DNA sequencing and analysis.