Biofrontera Inc. (BFRI) Prices 3.6M Unit IPO at $5/unit

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Go back to Biofrontera Inc. (BFRI) Prices 3.6M Unit IPO at $5/unit

Biofrontera Inc. Announces Pricing of $18.0 Million Initial Public Offering

October 28, 2021 9:40 PM EDT

WOBURN, MA. , Oct. 28, 2021 (GLOBE NEWSWIRE) -- Biofrontera Inc. (Biofrontera or the Company) (Nasdaq: BFRI; BFRIW), a biopharmaceutical company specializing in the commercialization of dermatological products, today announced the pricing of its underwritten initial public offering of 3,600,000 units, each consisting of (i) one share of common stock and (ii) one warrant to purchase a share of common stock, at a public offering price per unit of $5.00. The warrants have an exercise price of $5.00 per share and are exercisable for a period of five years after the issuance date. All units are being offered by Biofrontera Inc. In addition,... More