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Breathe easy: Advanced Inhalation discloses financials ahead of $36 million IPO

October 15, 2015

Advanced Inhalation Therapies (AIT), which is developing inhaled nitric oxide drug-device therapies for respiratory infections, reported financial results for the six months ended August 1, 2015 in an amendment filed with the SEC on Thursday. The Rehovot, Israel-based company originally filed in August 2015 for an IPO to raise $36 million. 

Advanced Inhalation Therapies (AIT), which was founded in 2011, plans to list on the Nasdaq under the symbol AITP. Aegis Capital Corp. is the sole bookrunner on the deal.