Kiromic BioPharma (KRBP) Prices 8M Share IPO at $5/sh

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Kiromic BioPharma, Inc. Announces Pricing of Public Offering

June 29, 2021 6:59 PM EDT

HOUSTON--(BUSINESS WIRE)-- Kiromic BioPharma, Inc. (Nasdaq: KRBP) (the Company), an immuno-oncology target discovery and gene-editing company with a proprietary artificial intelligence neural network platform (Diamond AI) that is used to develop novel oncology therapeutics, today announced the pricing of its underwritten public offering of 8,000,000 shares of its common stock at a public offering price of $5.00 per share, for gross proceeds of $40 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an... More