Cambridge, Mass. • 617-492-0505 • www.metabolix.com
Exchange and Ticker: Nasdaq: MBLX
Filing Range: 5.8M shares at $12.00 to $14.00
Offering Price: $14.00
Close on First Day: $15.50
Close on 11/30/06: $16.80
Offering Size: $95.2M
Shares Outstanding: 19,394,430M
Underwriter: Piper Jaffray Cos.
Co-managers: Ardour Capital Investments LLC/Thomas Weisel Partners LLC/Jefferies & Co. Inc.
Company Counsel: Goodwin Procter LLP
Manager Counsel: Latham & Watkins
Auditor: Pricewaterhouse Coopers LLP
Market Capitalization on 11/30/06: $324.9M
Develops and plans to commercialize environmentally sustainable, economically attractive alternatives to petrochemical-based plastics, fuels and chemicals. The company’s strategy is to develop technology platforms that integrate advanced biotechnology with current industrial practice and to commercialize these platforms with industry leading strategic partners. The company plans to use renewable agricultural feedstock as a manufacturing input. The biodegradability of PHA Natural Plastics can potentially address many of the issues associated with petrochemical-based products. The company’s PHA Natural Plastics degrade into water and carbon dioxide.
Archer Daniels Midland, State Farm Insurance, The Vertical Group and Westfield Capital Management.
Source: Thomson Financial