Acorda’s Second Attempt At IPO Successful: $33M: "Acorda Therapeutics Inc. priced a $33 million initial public offering Friday, selling 5.5 million common shares at $6 apiece. The Hawthorne, N.Y.-based company now has the milestone in its rearview mirror, two years after dropping earlier plans to go public because of unfavorable market conditions.
Company representatives could not speak per SEC rules, but its prospectus said net proceeds will total about $28.6 million, and the company plans to spend the bulk of it to complete its pivotal study of Fampridine-SR (4-aminopyridine), a product for multiple sclerosis......."