other material
confidence high
sentiment neutral
materiality 0.75
Immix Biopharma closes IPO of 4.2M shares at $5.00/share for $21M gross proceeds
Immix Biopharma, Inc.
- IPO closed Dec 20, 2021; shares began trading on Nasdaq Dec 16 under IMMX.
- Gross proceeds $21M; underwriters have 45-day option for up to 630K additional shares.
- Net proceeds to fund IMX-110 Phase 2a trial in soft tissue sarcoma and combination trial.
- Also fund IND-enabling studies for IMX-111 (colorectal cancer) and IMX-120 (inflammatory bowel disease).
- Filed amended charter and bylaws in connection with IPO closing.