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Friday, November 8, 2019

CNS Pharmaceuticals prices initial public offering

CNS Pharmaceuticals (CNSP) has priced its initial public offering of 2.125M shares of common stock at $4.00 per share, gross proceeds expected to be $8.5M.
Underwriters over-allotment is an additional 318,750 shares.
The common stock is expected to begin trading today on the NASDAQ Capital Market.
The offering is expected to close on November 13.

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