Company Details
Waltham, Mass.
781-547-7900
Description: Histogenics Corporation develops tissue regeneration to combines cell therapy and tissue engineering technologies. The company develops and manufactures products that improve the body’s ability to regenerate healthy cartilage, improve joint function and prevent degenerative disease. The company offers VeriCart, an auto-regenerative cartilage matrix; and NeoCart, an autologous engineered neocartilage. It also develops new treatments for sports injuries and other orthopedic conditions.
IPO Details
Exchange and Ticker: Nasdaq: HSGX
Filing Range: 4.29 million shares @ $13.00 to $15.00
Offering Price: $11.00
Close price as of 12/11/14): $8.66
Offering Size: $65.00M
Shares Outstanding: 12.4M
Underwriters: Cowen
Needham & Co
Canaccord Genuity Corp
Co-manager: BTIG
Company Counsel: Gunderson Stough Villeneuve Franklin
Manager Counsel: K&L Gates
Auditor: Grant Thornton LLP
Market Capitalization on 12/31/14: $109.91M
Close price on 12/31/14: $8.85
Investment Details
Venture Backers:
- Foundation Medical Partners
- Boston Millennia Partners
- Sofinnova Ventures Inc
- Split Rock Partners
- FGI Capital Partners Inc
- Inflection Point Ventures
- Undisclosed Firms
Financing Rounds:
- 8/1/06 $13.1M
- 9/4/08 $13.1M
- 5/11/10 $34.3M
- 6/11/10 n/a
- 9/9/10 n/a
- 11/9/10 n/a
- 2/18/11 n/a
- 5/11/11 $34.3M
- 11/15/11 n/a
- 3/12/12 n/a
- 7/27/12 $37.4M
- 11/21/12 $0.15M
- 12/18/13 $10.3M
- 5/27/14 $5.2M
Source: Data provided by Thomson Reuters.