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Home > News > ImaRx IPO Keeps Shrinking

July 20th, 2007

ImaRx IPO Keeps Shrinking

ImaRx Therapeutics Inc., a Tucson, Ariz.-based drug company using nanotech therapies for stroke and cancer, has lowered its proposed IPO terms. The company originally filed to sell 3 million shares at between $6.50 and $7.50 per share, but has now dropped the price-tag down to $5 per share. It still plans to trade on the Nasdaq under ticker symbol IMRX, with Maxim Group serving as lead underwriter.


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