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Week of Expected Pricing 8/26/2022
Company Name PAXMEDICA INC
Proposed Ticker PXMD
CUSIP 70424C104
Business Description A clinical stage biopharmaceutical company focusing on the development of anti-purinergic therapies (or APT), for the treatment of neurodevelopmental disorders, including autism spectrum disorder (or ASD), and Fragile X syndrome tremor-ataxia (or FXTAS). Antipurinergic therapies target the excess production of purines in cells, which can offset homeostasis and result in an overproduction of cellular adenosine triphosphate (or ATP), the main energy molecule in all living cells.
Lead Underwriter Craft Capital Management LLC, R.F. Lafferty & Co., Inc
Co-Managers N/A
Initial Shares 25,00,000
Revised Initial Shares 15,45,454
Initial Price $5.50-$6.50
Revised Price $4.50-$6.50
Final Price $5.25
Final Ticker PXMD

 

 

   
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