Alzamend Neuro, Inc Prices 2.5M Share IPO at $5/sh
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Alzamend Neuro Announces Pricing of Initial Public Offering
June 14, 2021 5:49 PM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Alzamend Neuro, Inc. (Alzamend), a preclinical stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, today announced the pricing of its initial public offering of 2,500,000 shares of its common stock at a price to the public of $5.00 per share. The gross proceeds from the offering to Alzamend, before deducting underwriting discounts and commissions and other offering expenses payable by Alzamend, are expected to be $12.5 million. In addition, the underwriters have been granted a 45-day option to purchase up to an additional 375,000 shares of common... More
