As Gink­go looks to clear its name, the feds have come sniff­ing around on the heels of short sell re­port

A month and a half af­ter a short sell at­tack near­ly brought Gink­go Bioworks’ new­ly pub­lic shares to its knees, the com­pa­ny on Mon­day took its largest step to date to­ward clear­ing its name. But it al­so re­vealed it’s cur­rent­ly the tar­get of a De­part­ment of Jus­tice probe.

Gink­go re­ceived an “in­for­mal in­quiry” from the DOJ con­nect­ed to the short sell re­port, re­leased last month by hedge fund Scor­pi­on Cap­i­tal, the com­pa­ny said dur­ing Mon­day’s third quar­ter earn­ings call. CEO Ja­son Kel­ly told an­a­lysts Gink­go is “co­op­er­at­ing” with reg­u­la­tors, sug­gest­ing the in­ves­ti­ga­tion re­mains on­go­ing.

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