Annovis Bio Inc. (ANVS) Prices 1.25M Share Offering at $6/sh

Go back to Annovis Bio Inc. (ANVS) Prices 1.25M Share Offering at $6/sh

Annovis Bio Announces Pricing of $7.5 Million Public Offering

October 31, 2023 8:00 AM EDT

BERWYN, Pa.--(BUSINESS WIRE)-- Annovis Bio, Inc. (NYSE: ANVS) (Annovis), a late-stage clinical drug platform company developing transformative therapies to treat neurodegenerative diseases, including Alzheimers Disease and Parkinsons Disease, today announced the pricing of an underwritten public offering of 1,250,000 units consisting of (i) one share of its common stock and (ii) an accompanying warrant (each warrant to purchase one share of common stock). The combined offering price to the public of each share of common stock and accompanying warrant is $6.00.

All of the shares of common stock and the accompanying... More