Solazyme Hires Underwriters for IPO
Solazyme has hired four banks to underwrite its upcoming $100 million Initial Public Offering (IPO). The company launched in in 2003 has raised over $128 million in VC funding Morgan Stanley, Pacific Crest Securities, Goldman Sachs and Lazard Capital Markets will be underwriting the upcoming $100 million IPO of Solazyme, the developer of algae-based biofuels. Davis Polk & Wardwell and Wilson Sonsini Goodrich & Rosati will do the legal counsel.
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