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NeuroSigma reports plans to price initial public sale of common stock
Jefferies is the bookrunning manager; BTIG, Craig-Hallum assist
By Devika Patel
Knoxville, Tenn., Aug. 26 – NeuroSigma, Inc. will conduct an initial public offering of its common stock with a greenshoe, according to a Form S-1 filed Tuesday with the Securities and Exchange Commission.
Jefferies is the bookrunner. BTIG and Craig-Hallum Capital Group are the co-managers.
Proceeds will be used for research and development activities for EVK-001 and for working capital and other general corporate purposes.
The life sciences company is based in Los Angeles and focuses on developing bioelectronic products with the potential to treat major neurological and neuropsychiatric disorders such as epilepsy and depression. The company expects its shares will trade on the Nasdaq under the symbol “NSIG.”
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