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Bionomics Limited Announces Pricing of Initial Public Offering in the United States
ADELAIDE, Australia, Dec. 16, 2021 /PRNewswire/ -- Bionomics Limited (Bionomics or Company), a clinical-stage biopharmaceutical company, today announced the
About this update from Neuphoria Therapeutics Inc.
[{"type":"text","content":"ADELAIDE, Australia, Dec. 16, 2021 /PRNewswire/ -- Bionomics Limited (Bionomics or Company), a clinical-stage biopharmaceutical company, today announced the pricing of its initial public offering in the United States (the Offering) of 1,622,000 American Depositary Shares (ADSs), each representing 180 ordinary shares of Bionomics, at an initial public offering price of US$12.35 per ADS. \nAll ADSs to be sold in the Offering will be sold by Bionomics. In addition, Bionomics has granted the underwriters an option to purchase up to an additional 243,300 ADSs within 30 days from the date of the final prospectus at the initial public offering price, less underwriting discounts and commissions. The gross proceeds of the Offering, before deducting underwriting discounts and commissions and other offering expenses payable by Bionomics, are expected to be approximately US$20.0 million, assuming the underwriters do not exercise their option to purchase additional ADSs, or approximately US$23.0 million, if the underwriters exercise their option to purchase additional ADSs in full.\nBionomics expects the ADSs to begin trading on the Nasdaq Global Market on December 16, 2021 under the symbol \"BNOX.\" Bionomics' ordinary shares are currently traded on the Australian Securities Exchange (ASX) under the symbol \"BNO.\" The Offering is expected to close on or about December 20, 2021, subject to the satisfaction of customary closing conditions.\nEvercore ISI and William Blair are acting as lead book-running managers for the Offering. Cantor, Berenberg and H.C. Wainwright & Co. are acting as book-running managers for the Offering.\nThe Offering will be made only by means of a prospectus under the U.S. Securities Act of 1933. Copies of the final prospectus relating to and describing the terms of the Offering may be obtained, when available, from (i) Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, or by telephone at (888) 474-0200, or by email at [email protected] ; or (ii) William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, Illinois 60606, or by telephone at (800) 621-0687, or by email at [email protected] . Australian investors are only eligible to invest under the prospectus if they are exempt from disclosure...