RenovoRx, Inc.
General Information | |
Business: | (Note: IPOScoop has NO Call on this micro-cap unit offering. Each unit consists of one share of common stock and one warrant to buy one share of common stock.) We are a clinical biopharmaceutical company whose first product candidate, RenovoGem, is a drug and device combination of intra-arterial gemcitabine and RenovoCath. The FDA has granted orphan drug designation for RenovoGem for our first two indications – pancreatic cancer and bile duct cancer. **The revenue and net loss figures are for the 12 months that ended June 30, 2021. (Note: RenovoRx priced its IPO on Aug. 25, 2021, at $9 – the low end of its $9-to-$11 range – and sold 1.85 million units, up from 1.8 million units in its prospectus, to raise $16.65 million. RenovoRx had downsized its IPO to 1.8 million units – down from 1.85 million – and cut the price range to $9 to $11 – down from $11 to $13 – in an S-1/A filing dated Aug. 25, 2021.)
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Industry: | PHARMACEUTICAL PREPARATIONS |
Employees: | 7 |
Founded: | 2012 |
Contact Information | |
Address | 546 El Camino Real, Suite B1 Los Altos, CA 94022 |
Phone Number | (650)-284-4433 |
Web Address | http://www.renovorx.com/ |
View Prospectus: | RenovoRx, Inc. |
Financial Information | |
Market Cap | $82.63mil |
Revenues | $0 mil (last 12 months) |
Net Income | $-4.43 mil (last 12 months) |
IPO Profile | |
Symbol | RNXT |
Exchange | NASDAQ |
Shares (millions): | 1.9 |
Price range | $9.00 - $9.00 |
Est. $ Volume | $16.7 mil |
Manager / Joint Managers | Roth Capital Partners / Maxim Group |
CO-Managers | - |
Expected To Trade: | 8/26/2021 |
Status: | Priced |
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 |