Welcome to our dedicated page for Nutriband news (Ticker: NTRB), a resource for investors and traders seeking the latest updates and insights on Nutriband stock.
Nutriband Inc. develops prescription transdermal pharmaceutical products, with recurring updates centered on its AVERSA abuse-deterrent transdermal technology and a lead abuse-deterrent fentanyl transdermal system. The technology incorporates aversive agents into patches to address abuse, diversion, misuse and accidental exposure involving drugs with abuse potential, including opioids and stimulant drugs.
Company news also covers product distribution activity for kinesiology tapes and mosquito repellent patches, regulatory and intellectual-property steps tied to transdermal products, shareholder meeting matters, and corporate updates involving operating subsidiaries and Nasdaq-listed common stock and warrants.
Nutriband Inc. (NASDAQ: NTRB, NTRBW) announced an underwritten public offering of 1,056,000 units priced at $6.25 per unit, generating gross proceeds of $6.6 million. Each unit consists of one share of common stock and one warrant. The warrants are exercisable at $7.50 and expire in five years. The offering includes a 45-day option for underwriters to purchase additional shares and warrants. This uplisting to the Nasdaq Capital Market aims to enhance visibility and support the company's strategic growth initiatives in developing transdermal pharmaceutical products.
Nutriband Inc. (NASDAQ:NTRB, NTRBW) announced that it received a Notice of Allowance from the USPTO for patent application 16/707,547, focusing on its AVERSA® technology. This technology targets the prevention of opioid abuse, particularly for fentanyl patches. The announcement follows the company's initial NASDAQ listing and a $6.6 million underwritten offering on October 1, 2021. The proceeds will primarily fund the clinical development of AVERSA.
Nutriband Inc. (NASDAQ: NTRB, NTRBW) announced its common stock and warrants began trading on the Nasdaq Capital Market on October 1, 2021. The company also priced an underwritten public offering of 1,056,000 units at $6.25 per unit, aiming for total gross proceeds of $6.6 million. Each unit comprises one share of common stock and one warrant, entitling the holder to purchase additional stock at an exercise price of $7.50. A 45-day option allows underwriters to purchase up to 158,400 additional shares to cover over-allotments. CEO Gareth Sheridan noted that this uplisting is a significant milestone for corporate visibility.
Nutriband Inc. (NASDAQ:NTRB, NTRBW) has announced the pricing of an underwritten public offering of 1,056,000 units at $6.25 per unit, totaling gross proceeds of $6.6 million. This offering will fund the development of its abuse deterrent fentanyl patch incorporating AVERSA technology. Additionally, Nutriband's securities will commence trading on the Nasdaq Capital Market as of October 1, 2021. The company has granted underwriters a 45-day option to purchase additional shares and warrants to cover over-allotments. CEO Gareth Sheridan emphasized the uplisting's potential to enhance corporate visibility.