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Clearside clears IPO runway, maintains altitude after pricing low

By Marie Powers
News Editor

Thursday, June 2, 2016

Clearside Biomedical Inc. priced low but increased the shares in its IPO to take off about where it expected. The company offered 7.2 million common shares priced at $7 apiece to raise $50.4 million and granted underwriters a 30-day option to purchase up to 1.08 million additional shares to fill overallotments, potentially adding $7.56 million to the raise.

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