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Regencell Bioscience Holdings Priced, Nasdaq: RGC

Developing formulations of traditional Chinese medicine for ADHD and autism.

Industry: Health Care

Latest Trade: $5.27 0.00 (0.0%)

First Day Return: +10.5%

Return from IPO: -44.5%

Industry: Health Care

We are an early-stage bioscience company that focuses on research, development and commercialization of TCM for the treatment of neurocognitive disorders and degeneration, specifically Attention Deficit Hyperactivity Disorder (“ADHD”) and Autism Spectrum Disorder (“ASD”). Our goal is to improve the lives of ADHD and ASD patients, their families and caregivers and become a market leader for the best treatment of ADHD and ASD globally. We started in Hong Kong in 2014 with main operation and assets in Hong Kong. We aim to launch three liquid-based standardized TCM formulae candidates for mild, moderate and severe ADHD and ASD patients in Hong Kong first and subsequently to other markets as we deem appropriate. We strategically partner with Mr. Sik-Kee Au, our TCM Practitioner, the father of our CEO and director. We have three standardized TCM formulae candidates under development targeting mild, moderate and severe ADHD and ASD conditions. We plan to commence our second research study using the three standardized TCM formulae candidates in the second quarter of 2021.
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IPO Data
IPO File Date 03/22/2021
Offer Price $9.50
Price Range $8.50 - $10.50
Offer Shares (mm) 2.3
Deal Size ($mm) $22
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/15/2021
Offer Price $9.50
Price Range $8.50 - $10.50
Offer Shares (mm) 2.3
Deal Size ($mm) $22
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Hong Kong, China
Founded 2014
Employees 9
Website www.regencellbioscience.com

Regencell Bioscience Holdings (RGC) Performance