Genomatica, Inc. on Thursday requested Securities and Exchange Commission or SEC consent to the withdrawal of initial public offering registration statement. In its filing with SEC, the company said in light of current market conditions, it has determined not to proceed with the IPO.
Further, the company requested the Commission that it may, upon consideration of its financing and strategic options undertake a subsequent private offering.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.