Agriculture Biotech Arcadia Raises $61.5M In Slashed IPO

By Linda Chiem (May 15, 2015, 12:22 PM EDT) -- Venture capital-backed Arcadia Biosciences Inc., a California-based agricultural biotechnology company making genetically modified seeds designed to improve crop yields, raised $61.5 million in its initial public offering, falling short of a dramatically reduced price target and opening trading Friday on the Nasdaq at $7.49 per share....

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