other material
confidence high
sentiment positive
materiality 0.80
Apimeds Pharmaceuticals US completes $13.5M IPO; starts trading on NYSE American
Apimeds Pharmaceuticals US, Inc.
- IPO of 3,375,000 shares at $4.00/share; gross proceeds $13.5M.
- Proceeds to fund Phase III knee osteoarthritis trial, MS study, manufacturing, working capital.
- Convertible notes of $772,545 converted into 297,133 shares at $2.60/share.
- Underwriters granted 45-day option for 506,250 additional shares and warrants for 168,750 shares.
- Trading began May 9, 2025 on NYSE American under symbol APUS.