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Virpax Pharmaceuticals Inc. (VRPX) Prices 1.8M Share IPO at $10/Sh

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Virpax(R) Pharmaceuticals Announces Pricing of Initial Public Offering

February 16, 2021 7:47 PM EST

WEST CHESTER, PA / ACCESSWIRE / February 16, 2021 / Virpax Pharmaceuticals Inc. ("Virpax" or the "Company") (NASDAQ: VRPX), a company specializing in developing pharmaceutical products for pain management, today announced the pricing of its initial public offering of 1,800,000 shares of its common stock at a public offering price of $10.00 per share, for gross proceeds of $18.0 million, before deducting underwriting discounts and offering expenses. In addition, Virpax has granted the underwriters a 30-day option to purchase up to an additional 270,000 shares of common stock to cover over-allotments at the initial public offering price, less the... More