Bionomics IPO Review BNOX Stock Going Public December 16 2021, Initial Public Offering
BIONOMICS LIMITED
Symbol
BNOX
Shares 1.6
$15.45 - $15.45
12/16/2021
This is a NASDAQ uplisting. This is NOT an IPO, although the prospectus calls the deal an initial public offering of American Depositary Shares (ADS). Each ADS represents 180 ordinary shares. Our ordinary shares are listed on the Australian Securities Exchange (“ASX”), under the symbol “BNO.” On Dec. 10, 2021, the closing price of our ordinary shares on the ASX was A$0.12 per ordinary share (US$0.09 per share, based on an exchange rate of A$1.00 to US$0.7151 as published by the Reserve Bank of Australia as of Dec.10, 2021), equivalent to US$15.45 per ADS.)
We are a clinical-stage biopharmaceutical company developing novel allosteric ion channel modulators designed to transform the lives of patients suffering from serious central nervous system (“CNS”) disorders with high unmet medical need. Ion channels serve as important mediators of physiological function in the CNS and the modulation of ion channels influences neurotransmission that leads to downstream signaling in the brain
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