PRDS News

FS Development II, the second blank check company formed by Foresite Capital targeting a healthcare business, raised $175 million by offering 17.5 million shares at $10. The company did not offer units with warrants attached. It originally planned to offer 10 million shares before increasing the offering to 15 million shares earlier this month. It may raise an additional $25...read more

FS Development II, the second blank check company formed by Foresite Capital targeting a healthcare business, raised the proposed deal size for its upcoming IPO on Tuesday. The San Francisco, CA-based company now plans to raise $150 million by offering 15 million shares at $10. The company had previously filed to offer 10 million shares at the same price. The company is not...read more

FS Development II, the second blank check company formed by Foresite Capital targeting a healthcare business, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The San Francisco, CA-based company plans to raise $100 million by offering 10 million shares at $10. The company is not offering units with warrants attached. The company plans to...read more

After raising its range from $12-$14 to $14-$16, telecom network consultant Predictive Systems priced at $18. The company, backed by Cisco, will begin trading today....read more