Clearside IPO – $50 Million
Washington, DC – June 21, 2016 – Cooley advised Clearside Biomedical on its $50.4 million initial public offering. The company's common stock trades on the NASDAQ Global Market under the symbol "CLSD."
Cowen and Company and Stifel, Nicolaus & Company acted as joint book-running managers for the offering, and Needham & Company and Wedbush Securities acted as co-managers.
Clearside is a late-stage clinical biopharmaceutical company developing first-in-class drug therapies to treat blinding diseases of the eye. In addition to representing Clearside in the offering, Cooley has served as intellectual property counsel to the company since 2012.
The Cooley corporate and securities team included Brent Siler, Darren DeStefano, Brian Leaf, Katie Kazem, Mark Ballantyne and Jennifer Don.
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