Thorne HealthTech (THRN) Downsizes Planned IPO to 7M Shares at $10-$11/sh

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Thorne HealthTech (THRN) Prices 7M Share IPO at $10/sh

September 23, 2021 5:47 AM EDT

Thorne HealthTech (NASDAQ: THRN) a leader in developing innovative solutions for a personalized approach to health and wellbeing, today announced the pricing of its initial public offering of 7,000,000 shares of its common stock at a price to the public of $10.00 per share. Thorne HealthTech has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting... More