# Aspen Neuroscience Prices IPO at $15 a Share in 9.375 Million-Share Offering

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/44346
Published: 2026-10-30T06:35:35.000Z
Updated: 2026-10-30T06:35:35.000Z
Section: Business

> The offering is expected to generate about $140.6 million in gross proceeds. Underwriters have 30 days to buy up to 1,406,250 additional shares.

Aspen Neuroscience priced its initial public offering at $15 per share, setting terms for 9,375,000 shares and expected gross proceeds of about $140.6 million.

The gross proceeds estimate is before underwriting discounts, commissions and other offering expenses, so it does not represent the amount the company will retain after costs.

Underwriters have 30 days to purchase up to 1,406,250 additional shares at the $15 IPO price, less underwriting discounts and commissions. If they exercise the option in full, the total offering would include 10,781,250 shares, counting the base offering and the additional shares.