Intelligent Bio Solutions (INBS) Prices 1.3M Share Offering at $2/sh

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Intelligent Bio Solutions Inc. Announces Pricing of $2.6 Million Public Offering of Common Stock

February 20, 2025 8:30 AM EST

NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) (the Company), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the pricing of its previously announced underwritten public offering of 1,304,348 shares of common stock at a public offering price of $2.00 per share of common stock, for gross proceeds of approximately $2.6 million, before deducting underwriting discounts and commissions and offering expenses.

Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunning manager for the offering.

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