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0.0171149144254279 0.075794621026895 0.0244498777506114 0 0.0733496332518339 0.056234718826406 0.039119804400978 0.0660146699266505
Stock impact report

Biofrontera Inc. Announces Pricing of $18.0 Million Initial Public Offering

Biofrontera Inc. (BFRI) 
Company Research Source: GlobeNewswire
WOBURN, MA. , Oct. 28, 2021 (GLOBE NEWSWIRE) -- Biofrontera Inc. (“Biofrontera” or the “Company”) (Nasdaq: BFRI; BFRIW), a biopharmaceutical company specializing in the commercialization of dermatological products, today announced the pricing of its underwritten initial public offering of 3,600,000 units, each consisting of (i) one share of common stock and (ii) one warrant to purchase a share of common stock, at a public offering price per unit of $5.00. The warrants have an exercise price of $5.00 per share and are exercisable for a period of five years after the issuance date. All units are being offered by Biofrontera Inc. In addition, Biofrontera has granted the underwriters a 30-day option to purchase an additional 540,000 shares of its common stock and/or warrants to purchase up to an additional 540,000 of its common stock, at the initial public offering price, less the underwriting discounts and commissions. In connection with the offering, the Company's common stock and th Show less Read more
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