CNS Pharmaceuticals Inc (OQ:CNSP)

Business Focus: Biotechnology & Medical Research

Nov 13, 2019 03:15 pm ET
CNS Pharmaceuticals Announces Closing Of Initial Public Offering of Common Stock
HOUSTON, Nov. 13, 2019 /PRNewswire/ -- CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) ("Company"), a pre-clinical stage biotechnology company specializing in the development of novel treatments for brain tumors, today announced the closing of its initial public offering of 2,125,000 shares of common stock at an initial public offering price of $4.00 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, were $8.5 million. In addition, the Company has granted the underwriters a 45-day option to pur...