60 Degrees Pharmaceuticals Announces Pricing Of Initial Public Offering At $5.30/Unit For Total Of ~$7.5M
Portfolio Pulse from Benzinga Newsdesk
60 Degrees Pharmaceuticals has announced the pricing of its initial public offering (IPO) at $5.30 per unit, aiming to raise approximately $7.5 million.
July 12, 2023 | 4:32 pm
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60 Degrees Pharmaceuticals, listed as SXTP, has priced its IPO at $5.30 per unit, aiming to raise around $7.5 million.
The pricing of an IPO can have a significant impact on a company's stock price. In this case, the pricing of 60 Degrees Pharmaceuticals' IPO at $5.30 per unit indicates the company's valuation and the amount it aims to raise. This could potentially attract investors, leading to an increase in the stock price.
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