60 Degrees Pharmaceuticals, Inc IPOs Tomorrow, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to IPO on June 1st on the NASDAQ exchange. The company is offering shares at an expected price between $4.30 and $6.30 per share, with an insider lock-up period of 180 days.
May 31, 2023 | 3:00 pm
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60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to IPO on June 1st, with shares priced between $4.30 and $6.30 and a 180-day insider lock-up period.
The IPO of 60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is expected to have a neutral short-term impact on the stock price. The offering price range is between $4.30 and $6.30 per share, and the insider lock-up period of 180 days may limit any significant price fluctuations in the short term. However, the company's growth-oriented focus on infectious disease therapies may attract investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100