BioVie spin-off liver disease company Option Therapeutics (OPTN.US) reduces IPO size, lowers fundraising by 20% to $20 million
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This company, headquartered in Carson City, Nevada, now plans to raise $20 millions by issuing 1.8 million shares at a price range of $10 to $12. Previously, the company had applied to issue 2.3 million shares at the same price range. Based on the midpoint of the offering price range, Option Therapeutics' fundraising amount will be 20% less than previously expected.
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