Brain AG sets share price at 9 euros per share
The subscription period for the bioeconomy specialists’ shares ended on 3 February. It is expected that the shares will be admitted to trading on the Frankfurt Stock Exchange on 5 February, with the first listing scheduled for 9 February. Based on the final offer price of 9 euros per share, the company has announced that from the 32.5 million euros raised, it will receive gross proceeds of 31.5 million euros. Now with Brain AG’s IPO, the number of German listed biotech companies in Frankfurt will increase to 16.