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BioWorld - Friday, April 10, 2026
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Home » 10x Genomics raises hefty $390M in IPO, climbs 40% to $5B market cap
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10x Genomics raises hefty $390M in IPO, climbs 40% to $5B market cap

Sep. 13, 2019
By Stacy Lawrence
Pleasanton, Calif.-based 10x Genomics Inc. priced its initial public offering to raise $390 million and then immediately climbed in the first hours of trading. The single-cell sequencing company had upwardly revised its share price range twice – and then priced above the latest one at $39 per share, heading to above $55 (NASDAQ:TXG) in its first few hours as a public company. That gave it a market cap of about $5.1 billion. 10x Genomics also took advantage of its momentum by boosting the number of shares to 10 million from the anticipated 9 million.
Financings Medical technology IPO

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