Biotech Firm Blue Water Vaccines Prices US$20 Million IPO

Biopharmaceutical company Blue Water Vaccines, Inc. (Nasdaq: BWV) began trading on the Nasdaq Capital Market on Friday. The firm’s initial public offering is looking to raise US$20.0 million and is expected to close on February 23, 2022.

The offering consists of 2,222,222 common shares selling at US$9.00 per share. The company intends to use the proceeds on research and development, as well as clinical trials for its vaccine candidates, and for working capital and other general corporate purposes.

Boustead Securities acts as the sole bookrunner for the said offering.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The Cincinnati-based biotech company is focused on developing vaccines, including a universal flu vaccine that prevents middle ear infections. The firm reported US$2.7 million net loss in the nine months ending September 30, 2021, as well as US$2.7 million cash balance and US$3.4 million in total assets as of end of Q3 2021.


Information for this briefing was found via Edgar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Social Media Firm DatChat Closes US$12.0 Million IPO

Social media platform DatChat, Inc. (Nasdaq: DATS) closed on Tuesday its initial public offering on...

Wednesday, August 18, 2021, 12:26:00 PM

Anthropic Files Confidential S-1 as AI IPO Wave Nears $3 Trillion

Anthropic, the public benefit corporation behind Claude, filed a confidential S-1 registration statement with the...

Tuesday, June 2, 2026, 04:55:12 AM

Robinhood to Give Retail Investors Direct Access to IPOs

In an effort to further— as Robinhood puts it— “democratize” retail investing, the stock trading...

Saturday, May 22, 2021, 05:06:00 PM

India-Focused SPAC Vahanna Tech Edge Acquisition Prices US$174 Million IPO

Special purpose acquisition company Vahanna Tech Edge Acquisition I Corp. (Nasdaq: VHNAU) started trading publicly...

Tuesday, November 23, 2021, 02:12:00 PM

Robinhood Creating Platform to Allow Amateur Investors to Buy IPOs, Including its Own

While still brushing off daytrader anguish and congressional scrutiny after its decision to pause trading...

Saturday, March 27, 2021, 11:21:00 AM