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Micro-cap gene therapy biotech Genprex prices $6 million IPO at $5

March 29, 2018
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Genprex, which is developing gene-based nanoparticle therapies to treat cancer, raised $6.4 million by offering 1.28 million shares at $5 per share. At that price, it commands a fully diluted IPO market cap of $75 million.

Genprex plans to list on the Nasdaq under the symbol GNPX. Network 1 Financial Securities acted as a lead manager on the deal.