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By Editorial Board / Friday, March 7th, 2014 / Editorials, Opinion / Comments Off on Editorial: Inogen’s impact on the region grows
Goleta-based Inogen’s public stock offering is looking more and more successful.
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By Stephen Nellis / Friday, February 21st, 2014 / Banking & Finance, Health Care & Life Science, Technology, Top Stories, Tri-County Public Companies / 2 Comments
Shares of Goleta-based Inogen settled into the low $15 range as the Business Times went to press Feb. 19 after the company raised $70.5 million in an initial public offering that priced at $16, the low end of its expected range. In addition to selling shares, the company changed some of the disclosures it made to investors, pointing out its steep reliance on government and private insurance programs for 41 percent of its total revenue in 2012.
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By Stephen Nellis / Thursday, February 13th, 2014 / Technology, Top Stories, Tri-County Public Companies / Comments Off on Inogen IPO raises $70.5M, prices at low end
Goleta-based Inogen has raised $70.5 million in an initial public offering of 4.4 million shares priced at $16, the bottom of the expected $16 to $18 a share range, according to IPO investment firm Renaissance Capital.
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By Staff Report / Thursday, February 6th, 2014 / Top Stories, Tri-County Public Companies / Comments Off on Inogen raises price for IPO
Goleta-based Inogen has boosted the amount it plans to raise in its initial public offering to a possible $91.3 million. The pricing is a sign that Inogen and its underwriters — J.P. Morgan, Leerink Partners, William Blair and Stifel — believe there’s strong demand for its shares.
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By Stephen Nellis / Friday, January 31st, 2014 / Banking & Finance, Banking Industry, Central Coast, East Ventura County, Law & Goverment, Personal Finance, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Inogen IPO is subject to looser SEC rules
If Goleta-based Inogen goes public this year, it will be the first firm in the region to do so under new securities rules that make it easier for small companies to become listed on the major exchanges but also allow them to reveal less information to investors than their larger counterparts.
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By Stephen Nellis / Friday, December 6th, 2013 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on $86.2M Inogen IPO puts Goleta startups in play
Goleta-based Inogen, a maker of portable oxygen concentrators founded by UC Santa Barbara students, has filed for an initial public offering to raise up to $86.2 million. While many successful companies have been spun out of UCSB by professors and doctoral students, Inogen would likely be the first company founded by an undergraduate team to go public. Inogen won the program’s very first business plan competition in 2001.
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By Staff Report / Tuesday, December 3rd, 2013 / Latest news, Technology / Comments Off on Inogen files IPO to raise up to $86.2M
Inogen was founded in 2001 by three UCSB students, one of whom had a grandmother who had recently been placed on oxygen therapy. The therapy required heavy, bulky oxygen tanks that could not be taken on airplanes and other places.
After winning the New Venture Competition business plan contest at UCSB, the team went on to develop a device that used electricity to concentrate oxygen from the air. The concentrators were lighter and less bulky, weighting between 4.8 and 7 pounds.
