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Fintech Co. GreenSky Tops 3 IPO Launches Totaling $951M

Law360 (May 14, 2018, 6:07 PM EDT) -- Financial technology startup GreenSky Inc. launched an initial public offering on Monday that is estimated to raise $750 million, joined by two biotechnology firms seeking to raise an additional $201 million, adding to a growing number of deals set to price before Memorial Day.

GreenSky, represented by Troutman Sanders LLP, told regulators it plans to offer 34.1 million shares priced between $21 and $23, raising $750 million at midpoint. Kiniksa Pharmaceuticals Ltd. and Scholar Rock Holding Corp., both venture-backed biotechnology companies, also set price ranges on...
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