IPO Previews For The Week
Portfolio Pulse from Benzinga Insights
Vitro Biopharma, Inc (NASDAQ:VTRO) is set to become publicly listed on Sept. 13, 2023, with a price range set between $5.00 and $6.00. The company will be offering 1,818,000 shares at a per-share value of $5.50. The IPO comes with a 180-day lockup period.
September 10, 2023 | 8:32 pm
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Vitro Biopharma, Inc is going public with a price range of $5.00 to $6.00 per share. The company is offering 1,818,000 shares at $5.50 each.
The IPO of Vitro Biopharma, Inc is a significant event for the company. The price range of $5.00 to $6.00 per share indicates the company's valuation. The offering of 1,818,000 shares will provide the company with capital for its operations. The 180-day lockup period means that insiders cannot sell their shares for 180 days, which can lead to price stability. This news is highly relevant and important for investors in VTRO.
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