Press Release

Liquidia – $53 Million IPO

August 21, 2018

Washington, DC – August 21, 2018 – Cooley advised the underwriters on Liquidia Technologies’ $53.2 million initial public offering of 4,833,099 shares of common stock, which included 287,644 shares issued upon the underwriters’ partial exercise of their option to purchase additional shares to cover over-allotments. Partners Brent Siler, Brian Leaf and Div Gupta led the Cooley team advising the underwriters. 

Jefferies and Cowen acted as the lead book-running managers for the offering. Needham & Company and Wedbush PacGrow acted as co-managers for the offering.

Liquidia Technologies, which now trades on the Nasdaq Capital Market as “LQDA,” is a late-stage clinical biopharmaceutical company focused on the development and commercialization of human therapeutics using its proprietary PRINT technology to transform the lives of patients.

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