- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Cardiol Therapeutics
Dynasty Gold
Altech Batteries
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
ENDRA Life Sciences completed its initial public offering with gross proceeds reaching approximately $9.7 million.
ENDRA Life Sciences (NASDAQ:NDRAU) completed its initial public offering with gross proceeds reaching approximately $9.7 million.
As quoted in the press release:
ENDRA’s units began trading on the NASDAQ Capital Market under the ticker symbol “NDRAU” on May 9, 2017.
ENDRA’s common stock and warrants will trade together as units during the first 60 days following the date of the prospectus pursuant to which the offering was made (unless the underwriters’ representative determines that an earlier date is acceptable) and, thereafter, the units will automatically separate and the common stock and warrants will trade separately. Following separation, each warrant will have an exercise price of $6.25 per share of common stock and will expire on the fifth anniversary of the original issuance date. Once the securities comprising the units begin separate trading, the shares of common stock and warrants are expected to be listed on the NASDAQ Capital Market under the symbols “NDRA” and “NDRAW,” respectively. ENDRA expects to use the net proceeds from the offering to fund the development and regulatory approval and to prepare for the commercialization of its Non-Alcoholic Fatty Liver Disease Thermo-Acoustic Enhanced Ultrasound application in the European Union and for working capital and other general corporate purposes.
Click here to read the full press release.
Source: www.accesswire.com
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.