2021-02-26 10:42:22 IBER Ibere Pharmaceuticals
02/26/21 02/2610:42 02/26/2110:42 | Ibere Pharmaceuticals opens for trade at $10, IPO priced at $10Ibere Pharmaceuticals priced its upsized initial public offering of 12M units at $10.00 per unit. The units are listed on the New York Stock Exchange under the ticker symbol "IBERU". Once the securities comprising the units begin separate trading, the class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols "IBER" and "IBERW," respectively. Ibere is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on opportunities in the pharmaceutical and life sciences industries. Raymond James is acting as the sole book-running manager for the offering. |
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