May 16, 2018 5:58pm
CLLS is up +$0.33 to $28.34 - BUY
CLXT is a consumer-centric food- and agriculture-focused company. CLLS owns approximately 79.1% of Calyxt’s outstanding shares of common stock.
Calyxt, Inc. (CLXT) has commenced a follow-on public offering of 3.05 M shares of common stock. Calyxt intends to grant the underwriters a 30-day option to purchase up to an additional 457,500 shares.
NO pricing - yet ...
Citigroup, Goldman Sachs & Co. LLC and Jefferies are acting as book-running managers for the proposed offering, Wells Fargo Securities is acting as lead manager and BMO Capital Markets is acting as co-manager.