Oncobiologics – $40 Million IPO and Private Placement
New York – May 19, 2016 – Cooley advised Oncobiologics on its $35 million initial public offering and $5 million concurrent private placement of units (comprised of common stock, Series A warrants and Series B warrants). The company’s units now trade on the NASDAQ Global Market under the symbol “ONSIU,” and following separation of the units, the company’s common stock, Series A warrants and Series B warrants will begin trading under the symbols “ONS,” “ONSIW,” and “ONSIZ,” respectively. Oncobiologics, based in Cranbury, New Jersey, is a clinical-stage biopharmaceutical company focused on identifying, developing, manufacturing and commercializing complex biosimilar therapeutics.
The Cooley corporate and securities team included Yvan-Claude Pierre, Daniel Goldberg, Div Gupta, Marianne Sarrazin, Pia Kaur, Sunny Kim, Leah Braukman and Donna Salcedo.
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