Synergy CHC Corp. Prices $10.35 Million Initial Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 22 2024
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Source: Newsfilter
Initial Public Offering Announcement: Synergy CHC Corp. has priced its initial public offering at $9.00 per share for 1,150,000 shares, with trading set to begin on the Nasdaq Global Market under the ticker symbol "SNYR" on October 23, 2024.
Use of Proceeds: The company expects to net approximately $8.4 million from the offering, which will be used to repay related party promissory notes and for general corporate purposes, including working capital.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
