A Look At Upcoming IPOs For The Week
Portfolio Pulse from Benzinga Insights
60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to go public on June 1, 2023, with a price range of $4.30 to $6.30 and a 180-day lockup period. The company will be offering 1,415,000 shares at a per-share value of $5.30.
May 28, 2023 | 9:57 pm
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60 Degrees Pharmaceuticals (NASDAQ:SXTP) is going public on June 1, 2023, with a price range of $4.30 to $6.30 and 1,415,000 shares offered at $5.30 per share.
The IPO of 60 Degrees Pharmaceuticals (SXTP) is scheduled for June 1, 2023, with a price range of $4.30 to $6.30. The company will be offering 1,415,000 shares at a per-share value of $5.30. This news is highly relevant to SXTP as it directly pertains to the company's public listing. The importance is high as IPOs can significantly impact a company's stock price and market perception. However, the short-term price direction is neutral as the IPO price range has already been set, and the market will determine the stock's performance after listing.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100