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Stock impact report

MIRA Pharmaceuticals, Inc. Announces Closing of $8.9 Million Initial Public Offering

MIRA Pharmaceuticals, Inc. (MIRA) 
Company Research Source: PR Newswire
BALTIMORE, Aug. 7, 2023 /PRNewswire/ -- MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) ("MIRA" or the "Company"), a pre-clinical-stage pharmaceutical company focused on the development and commercialization of a novel synthetic THC analog, today announced the closing of its initial public offering of 1,275,000 shares of common stock at an initial public offering price of $7.00 per share for aggregate gross proceeds of $8.9 million, prior to deducting underwriting discounts, commissions and other offering expenses.The Company has granted the underwriter a 45-day option to purchase up to 191,250 additional shares of common stock at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.The Company's common stock began trading on the Nasdaq Capital Market under the symbol "MIRA" on August 3, 2023.Kingswood Investments, division of Kingswood Capital Partners, LLC acted as sole bookrunner for the offering.A registration statement on Form Show less Read more
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