XenoPort Raises $40 Million PIPE

XenoPort Inc. (Nasdaq: XNPT) has agreed to sell $40 million worth of common stock and warrants via a registered direct offering. Maverick Capital is leading the deal, with Venrock also participating. Both firms have previously bought and sold XenoPort shares, including Venrock as an early-stage backer.

31 December 2008•2 mins read
Feature image
LinkedInXEmail
LinkedInXEmail