Kairos Pharma (KAPA) opens at $4, IPO priced at $4

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Kairos Pharma (KAPA) Prices 1.55M Share IPO at $4/sh

September 16, 2024 11:04 AM EDT

Kairos Pharma, Ltd. (NYSE: KAPA), a clinical stage biopharmaceutical company developing cancer therapeutics designed to reverse cancer drug resistance and immune suppression, announces the pricing of its initial public offering of 1,550,000 shares of common stock at a public offering price of $4.00 per share. In addition, the Company has granted to the underwriters a 45-day option to purchase up to an additional 232,500 shares of common stock at the public offering price of $4.00 per share, less underwriting discounts and commissions, to cover over-allotments, if any. The Companys common stock has been approved for listing on the... More