Annovis Bio Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Annovis Bio, Inc. (ANVS)
Company Research
Source: GlobeNewswire
BERWYN, Pa., Jan. 31, 2020 (GLOBE NEWSWIRE) -- Annovis Bio, Inc. (NYSE American: ANVS), a clinical stage, drug platform company addressing Alzheimer's, Parkinson's and other neurodegenerative diseases, today announced the closing of its initial public offering of 2,000,000 shares of its common stock at the public offering price of $6.00 per share, and the full exercise by the underwriters of their option to purchase 300,000 additional shares of Annovis Bio’s common stock. The exercise of the option brings the total number of shares of common stock sold by Annovis Bio to 2,300,000 shares. The gross proceeds from Annovis Bio’s initial public offering, including proceeds from the exercise of the underwriters’ option to purchase additional shares, were approximately $13.8 million, before deducting underwriting discounts, commissions and offering expenses payable by Annovis Bio. ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the off
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ANVS
News
- Annovis Bio, Inc. (NYSE: ANVS) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $30.00 price target on the stock.MarketBeat
- Annovis Bio, Inc. (NYSE: ANVS) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $36.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
- Annovis Bio: Searching For Efficacy In Alzheimer's Disease [Seeking Alpha]Seeking Alpha
- UPDATE 1-Annovis' Alzheimer's treatment helps improve cognition in trial [Yahoo! Finance]Yahoo! Finance
- Annovis Bio Announces Statistically Significant Phase II/III Data in Patients With Early Alzheimer's Disease [Yahoo! Finance]Yahoo! Finance
ANVS
Earnings
- 8/14/23 - Beat
ANVS
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- ANVS's page on the SEC website