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Auris Medical Holding reports it will price initial public stock sale
Jefferies, Leerink Partners to be joint bookrunning managers for deal
By Devika Patel
Knoxville, Tenn., June 30 – Auris Medical Holding AG will price its initial public offering of common stock with a 30-day greenshoe option, according to a Form S-1 filed Monday with the Securities and Exchange Commission.
Jefferies and Leerink Partners are the joint bookrunning managers. JMP Securities and Needham & Co. are the co-managers.
Proceeds will be used for research and development, working capital and other financial corporate purposes.
The biopharmaceutical company is based in Zug, Switzerland. The company intends to list its common stock on the Nasdaq under the symbol “EARS.”
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