Virios Therapeutics, Inc. (VIRI) Prices 3M Share IPO at $10/Sh

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Virios Therapeutics Announces Pricing of Initial Public Offering

December 16, 2020 6:16 PM EST

ATLANTA--(BUSINESS WIRE)-- Virios Therapeutics, Inc. (the Company), a biotechnology company focused on advancing novel antiviral therapies to treat diseases associated with a viral triggered abnormal immune response, today announced the pricing of its initial public offering of 3,000,000 shares of its common stock at a public offering price of $10.00 per share, for gross proceeds of $30 million, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 450,000 shares of common stock at the initial public offering price, less the underwriting discount, to cover... More