SenesTech IPO Info
Company Name: SenesTech
Stock Symbol: SNES
Exchange: NASDAQ
Status: Priced
IPO Date: 12/8/2016
IPO Price:
8.00 (
1.88%)
Underwriters
Roth Capital Partners
Amount of Offering: N/A
Number of Shares Offered: 1.875 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
SenesTech has developed an innovative technology for managing animal pest populations through fertility control as opposed to a lethal approach. The Company's first fertility control product candidate, ContraPest®, will be marketed for use initially in controlling rat infestations. We believe our non-lethal approach, targeting reproduction, is more humane, less harmful to the environment, and more effective in providing a sustainable solution to pest infestations than traditional lethal pest management methods. There is currently no fertility control product approved by the Food and Drug Administration (FDA), or the Environmental Protection Agency (EPA), for the management of rodent populations. We believe ContraPest® will establish a new paradigm in rodent control, resulting in improved performance in rodent control over rodenticides, without the negative environmental effects of rodenticides.
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