NexGel (NXGL) Prices 2.585M Share IPO at $5.50/sh

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NexGel, Inc. Announces Listing on Nasdaq and Pricing of $14.2 Million Initial Public Offering

December 21, 2021 8:05 PM EST

LANGHORNE, Pa., Dec. 21, 2021 /PRNewswire/ -- NexGel, Inc. ("NexGel" or the "Company") (Nasdaq:NXGL, NXGLW), a manufacturer of high water content, electron beam cross-linked, aqueous polymer hydrogels, or gels, used for wound care, medical diagnostics, transdermal drug delivery and cosmetics, today announced the pricing of its initial public offering of 2,585,000 shares of its common stock and accompanying warrants to purchase up to 2,585,000 shares of common stock. Each share of common stock is being sold together with one warrant to purchase one share of common stock with an exercise price of $5.50 per share at a combined... More