Apnimed files for initial public offering on Nasdaq

Investing.com -- Apnimed Inc. has filed for an initial public offering with the Securities and Exchange Commission, the company announced.

The company plans to list its common stock on the Nasdaq Global Market under the ticker symbol "APMD."

BofA Securities will serve as the lead underwriter for the offering, joined by Evercore ISI, Cantor, and LifeSci Capital.

The company did not disclose the number of shares it plans to sell or the expected price range for the offering in the available filing information.

No public market currently exists for Apnimed's shares. The completion of the offering depends on the company meeting Nasdaq's listing standards.

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