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Impact BioMedical, Inc. - IBO STOCK NEWS

Welcome to our dedicated page for Impact BioMedical news (Ticker: IBO), a resource for investors and traders seeking the latest updates and insights on Impact BioMedical stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Impact BioMedical's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Impact BioMedical's position in the market.

Rhea-AI Summary

Impact BioMedical Inc. (NYSE American: IBO) has successfully closed its initial public offering of 1,500,000 common stock shares at $3.00 per share. Trading began on the NYSE American Market on September 16, 2024, under the ticker symbol 'IBO'. The company granted underwriters a 45-day option to purchase up to 225,000 additional shares. Revere Securities, served as the sole book-running manager and received warrants to purchase up to 75,000 shares (86,250 if over-allotment is fully exercised) at $3.75 per share. The warrants are exercisable from nine months after the offering's commencement until the third anniversary. The SEC declared the registration statement effective on September 13, 2024.

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Rhea-AI Summary

Impact BioMedical Inc. (NYSE American: IBO), a company focused on human healthcare and wellness, has announced the pricing of its initial public offering. The company is offering 1,500,000 shares of common stock at $3.00 per share. Trading is expected to begin on the NYSE American Market on September 16, 2024, under the ticker symbol 'IBO'. The offering is set to close on September 17, 2024, subject to customary conditions. Impact has also granted underwriters a 45-day option to purchase an additional 225,000 shares. Revere Securities, is the book-running manager for the offering. The company has agreed to issue underwriter warrants to purchase up to 75,000 shares (86,250 if over-allotment is exercised), exercisable at 125% of the IPO price.

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FAQ

What is the market cap of Impact BioMedical (IBO)?

The market cap of Impact BioMedical (IBO) is approximately 30.8M.

Impact BioMedical, Inc.

NYSE:IBO

IBO Rankings

IBO Stock Data

30.81M
10.00M
Pharmaceutical Preparations
United States of America
HOUSTON