Aegis Capital Corp. Acted as Exclusive Placement Agent on a $4.1 Million Registered Direct & Private Placement for Jupiter Wellness, Inc. (NASDAQ:JUPW)
Rhea-AI Summary
NEW YORK, NY / ACCESSWIRE / January 24, 2023: Aegis Capital Corp. has served as the Exclusive Placement Agent for a $4.1 million registered direct and private placement for Jupiter Wellness (NASDAQ:JUPW). Jupiter Wellness focuses on health and wellness by developing over-the-counter products and intellectual property for conditions like hair loss, eczema, burns, and sexual wellness. Revenue streams include OTC product sales, contract research agreements, and licensing royalties. This funding may bolster Jupiter's product pipeline and growth initiatives.
Positive
- Secured $4.1 million in funding through a registered direct and private placement.
- Diversified product pipeline targeting significant health conditions including hair loss and eczema.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, JUPW declined 3.38%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY / ACCESSWIRE / January 24, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a
About Jupiter Wellness, Inc.
Jupiter Wellness is a diversified company that supports health and wellness by researching and developing over-the-counter (OTC) products and intellectual property. The Company's product pipeline addresses a range of conditions, including hair loss, eczema, burns, and sexual wellness. Revenue is generated through the sales of OTC and consumer products, contract research agreements, and licensing royalties.
For more information, please visit: https://www.jupiterwellness.com
About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
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https://www.accesswire.com/736517/Aegis-Capital-Corp-Acted-as-Exclusive-Placement-Agent-on-a-41-Million-Registered-Direct-Private-Placement-for-Jupiter-Wellness-Inc-NASDAQJUPW
FAQ
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