Thorne HealthTech To Raise $70M Via IPO At $10/Share


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  • Thorne HealthTech Inc (NASDAQ:THRNhas priced its initial public offering (IPO) of 7 million shares of its common stock at $10.00 per share.
  • The company had estimated the IPO price to be $10 - $11 per share.
  • Thorne HealthTech has granted the underwriters a 30-day option to purchase up to an additional 1 million shares.
  • The gross proceeds from the offering are expected to be $70.0 million.
  • The company's shares will begin trading on the Nasdaq Global Select Market on September 23, 2021, under the ticker symbol "THRN."
  • The offering is expected to close on September 27, 2021.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsIPOsBriefs