Fulgent Genetics, Inc. Announces Closing of Initial Public Offering

TEMPLE CITY, Calif., Oct. 04, 2016 (GLOBE NEWSWIRE) -- Fulgent Genetics (Nasdaq:FLGT) announced today the closing of its initial public offering of 4,200,000 shares of common stock at a public offering price of $9.00 per share, before underwriting discounts. All of the common stock was offered by Fulgent Genetics. The company’s common stock is listed on the Nasdaq Global Market under the symbol “FLGT.”

Credit Suisse Securities (USA) LLC and Piper Jaffray & Co. acted as joint book-running managers for the offering. Raymond James & Associates, Inc. acted as lead manager and BTIG, LLC acted as co-manager.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on September 28, 2016. The offering was made solely by means of a prospectus. A copy of the final prospectus relating to this offering may be obtained from: Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, Eleven Madison Avenue, New York, NY 10010, by telephone at +1-800-221-1037, or by email at newyork.prospectus@credit-suisse.com; or from Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Suite 800, Minneapolis, MN 55402, by telephone at +1-800-747-3924, or by email at prospectus@pjc.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

IR Contacts: Bob Jones 212-871-5570 bob@blueshirtgroup.com Chris Danne 415-217-5865 chris@blueshirtgroup.com

Source:Fulgent Genetics, Inc.