Monopar Therapeutics Inc. Announces Pricing of Initial Public Offering
- Dec 18, 2019
- 1 min read
CHICAGO, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Monopar Therapeutics Inc. today announced that it has priced an initial public offering of 1,111,112 shares of its common stock at $8.00 per share. The shares are expected to begin trading on the Nasdaq Capital Market on December 19, 2019 under the symbol “MNPR.” The offering is expected to close on December 23, 2019, subject to the satisfaction of customary closing conditions. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 166,666 shares.
Interesting news pricing an IPO is always a big milestone for a growing company. On a lighter note, when I need a break from business headlines, I like playing Stickman since it’s simple, smooth, and pretty relaxing once you get the swing going.
As someone new to following IPOs, it’s interesting to see how companies like this enter the market and try to build momentum with investors right from day one. It almost feels like FNF game, where the boyfriend has to prove himself step by step against tough opponents—except here, the “competition” is earning confidence in the stock market. I’d be curious to see how MNPR performed after its debut.
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