Ginkgo Bioworks begins trading on the NYSE after completing SPAC merger

Shares opened at $11.15 apiece under ticker symbol "DNA," giving the five-time CNBC Disruptor 50 company a market cap of nearly $2.5 billion.

The biotech company merged with Soaring Eagle Acquisition Corp., the blank-check firm led by former MGM CEO Harry Sloan. Shares opened at $11.15 apiece under ticker symbol "DNA," giving the five-timeGinkgo was started in 2009 by a team of MIT scientists intent on building made-to-order microbes that enable customers to grow rather than manufacture better products.

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