Curanex Pharmaceuticals Completes Initial Public Offering Successfully

Curanex Pharmaceuticals Completes Initial Public Offering

Jericho, New York — Curanex Pharmaceuticals Inc. (Nasdaq: CURX) is thrilled to announce the successful closing of its initial public offering (IPO), having offered 3,750,000 shares of common stock at a price of $4.00 each. This move garnered a total of $15 million in gross proceeds before any applicable expenses or discounts, marking a significant milestone for the company focused on developing innovative botanical drugs.

Public Trading and Underwriter Engagement

The shares commenced trading on the Nasdaq Capital Market starting from the day prior, under the ticker symbol "CURX." In an exciting twist, Curanex has also granted underwriters the ability to purchase an additional 562,500 shares over a 45-day timeframe, further expanding the opportunity to invest.

The lead underwriter for this offering was Dominari Securities LLC, alongside co-underwriters Pacific Century Securities LLC and Revere Securities LLC. Legal counsel was provided by The Crone Law Group, P.C. for Curanex, while Sichenzia Ross Ference Carmel LLP represented the underwriters.

Regulatory Filings and Offer Details

Prior to the offering, the company had a registration statement filed with the Securities and Exchange Commission, which received the green light on August 12, 2025. The offering details were documented within a prospectus that is available for public access, providing comprehensive information about this significant step for the company.

Investing with Curanex: Key Insights

Investors are encouraged to review the final prospectus thoroughly, as it contains vital information regarding Curanex and this public offer. Furthermore, participation in the offering is contingent on understanding the related risks and benefits. Curanex continues to highlight that this announcement does not serve as an offer or solicitation for securities in prohibited states.

About Curanex Pharmaceuticals Inc.

Curanex Pharmaceuticals Inc. specializes in the realm of botanical drugs, specifically focused on treatments for inflammatory diseases. Its flagship product, Phyto-N, is derived from a singular plant known for its anti-inflammatory attributes. Phyto-N has successfully treated numerous patients over the past trio of decades in China, establishing a foundation for its anticipated usage in clinical treatments.

Research and Development Commitment

The company validates its product through rigorous studies, focusing on various inflammatory diseases such as ulcerative colitis, atopic dermatitis, and even COVID-19. Curanex is particularly committed to advancing Phyto-N through necessary FDA studies, leading towards IND submission and the initiation of Phase I clinical trials.

As Curanex Pharmaceuticals Inc. aims to expand its footprint in the pharmaceutical industry, it invites interested parties to discover more about their offerings and future prospects by visiting their official website. For inquiries and further information, connect with their Chief Operating Officer, Liqin Xie, via email.

Frequently Asked Questions

What is Curanex Pharmaceuticals Inc. known for?

Curanex specializes in the development of botanical drugs targeting inflammatory diseases, focusing on innovative treatments.

How much money did Curanex raise through their IPO?

The company raised $15 million through its initial public offering, enhancing its capacity for research and development.

Under what symbol are Curanex shares traded?

Curanex shares are traded on the Nasdaq Capital Market under the ticker symbol "CURX."

What is Phyto-N?

Phyto-N is Curanex's lead product, a botanical extract known for its anti-inflammatory properties, undergoing clinical development.

How can investors stay updated on Curanex?

Investors can follow Curanex's developments and offerings by visiting their website or reviewing filings with regulatory bodies.

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