Intelligent Bio Solutions Inc. Announces Closing of $3.0 Million Public Offering of Common Stock and Full Exercise of the Underwriter's Option to Purchase Additional Shares of Common Stock
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Intelligent Bio Solutions Inc. completed a $3.0 million public offering of common stock, including the full exercise of the underwriter's option to purchase additional shares.
February 21, 2025 | 9:15 pm
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Intelligent Bio Solutions Inc. completed a public offering of 1,500,000 shares at $2.00 each, raising $3.0 million. The offering included the full exercise of the underwriter's option for additional shares.
The successful completion of the public offering and the full exercise of the underwriter's option indicate strong demand for INBS shares, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100