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Israeli Pain Relief Biotech PainReform Files for a $25 Million US IPO
2020-07-02

CY Seah
Esther Thin

PainReform Ltd, Israeli biotechnology company which developing therapies for post-operative pain relief, has filed Form F-1 Registration Statement on June 30, 2020 with the U.S. Securities and Exchange Commission to raise up to $25 million in an IPO. No pricing terms were disclosed.

The Herzliya, Israel-based company was founded in 2007 and booked $35 million in sales for the 12 months ended December 31, 2019.

The company plans to list on the Nasdaq Capital Market under the symbol “PRFX.” Maxim Group LLC and Joseph Gunnar are underwriters of the IPO.

The company engages Carter Ledyard& Milburn LLP as US Securities Counsel and Brightman Almagor Zohar & Co. as Independent Auditor.

#ipo #nasdaq #biotechnology #painrelief #sec #PainReform

 
 
 

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