Marizyme Inc.
General Information | |
Business: | (Note: This is NOT an IPO. This is a NASDAQ uplisting from the OTC Market: It’s also a unit offering. Size: 1.43 million units (1,428,572 units) at $6.00 to $8.00 to raise $10.0 million. Each unit consists of one share of common stock and two warrants – each to buy one share of stock. Marizyme’s stock last traded on the OTC at $8.00 on a post-split basis on Nov. 15, 2022, the prospectus says. A 1-for-4 reverse stock split was recently completed. Marizyme disclosed the terms for its NASDAQ uplisting in an S-1/A filing dated Nov. 2, 2022; that filing added R.F. Lafferty & Co. as a joint book-runner and disclosed financial statements for the first six months of 2022. Marizyme filed its S-1 on Feb. 14, 2022.) (Note: Marizyme’s public offering (NASDAQ uplisting) was expected to price on Nov. 23, 2022, before the U.S. stock market’s open, but no pricing information was readily available at that time.) Marizyme is a multi-technology life science company dedicated to the acceleration, development and commercialization of medical technologies that promote patient health and present potential for rapid revenue growth. (Incorporated in Nevada) We are focused on developing three medical technology platforms – DuraGraft, MATLOC and Krillase – each of which is clinically tested and backed by a portfolio of patented or patent-pending assets:
All require FDA approval.
Note: Revenue and net loss figures are for the 12 months that ended Sept. 30, 2022.
|
Industry: | PHARMACEUTICAL PREPARATIONS |
Employees: | 13 |
Founded: | 2007 |
Contact Information | |
Address | 555 Heritage Drive, Suite 205 Jupiter, Florida 33458 |
Phone Number | (561) 935-9955 |
Web Address | https://www.marizyme.com/ |
View Prospectus: | Marizyme Inc. |
Financial Information | |
Market Cap | $80.93mil |
Revenues | $0.33 mil (last 12 months) |
Net Income | $-20.1 mil (last 12 months) |
IPO Profile | |
Symbol | MRZM |
Exchange | NASDAQ |
Shares (millions): | 1.4 |
Price range | $6.00 - $8.00 |
Est. $ Volume | $10.0 mil |
Manager / Joint Managers | Univest Securities/ R.F. Lafferty & Co. |
CO-Managers | |
Expected To Trade: | 11/23/2022 |
Day: | Day-to-Day |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |