Advanced Biomed (ADVB) Prices 1.64M Share IPO at $4/sh

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Advanced Biomed Inc. Announces Pricing of Initial Public Offering

March 6, 2025 9:02 AM EST

Tainan, Taiwan, March 06, 2025 (GLOBE NEWSWIRE) -- Advanced Biomed Inc. (the Company or Advanced Biomed), a biotechnology company focused on early screening and detection, diagnosis and staging, and treatment of cancer, today announced the pricing of its initial public offering (the Offering) of 1,640,000 shares of common stock (Common Stock) at a public offering price of $4.00 per share. The shares of Common Stock have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on March 6, 2025 under the ticker symbol ADVB.

The Company expects to receive aggregate gross proceeds of US$6.56 million from the Offering,... More