Jupiter Wellness (NASDAQ: JUPW), a cutting-edge wellness brand dedicated to exploring the multiple therapeutic and medical uses of cannabidiol (“CBD”) via a multitude of convenient products, announced the closing of its initial public offering. The IPS comprised 933,333 units consisting of one share of common stock and one warrant, with gross proceeds of $7 million before offering expenses are deducted. The units were traded under the symbols of “JUPW” and “JUPWW” on the Nasdaq Capital Market beginning Oct. 30, 2020. Aegis Capital Corporation, which acted as the sole book running manager for the offering, also exercised an option to purchase up to 140,000 warrants. On Oct. 30, 2020, the Securities and Exchange Commission declared effective a registration statement regarding the securities sold in this IPO, which was being made by means of a prospectus only.
To view the full press release, visit https://cnw.fm/1ucv6
About Jupiter Wellness Inc.
Jupiter Wellness is a cutting-edge wellness company developing a proprietary line of products designed to explore the multiple therapeutic and medical uses of cannabidiol (CBD). The company is dedicated to advancing research into the medical and therapeutic uses of CBD for treatment and relief of ultraviolet exposure, psoriasis, eczema, skin aging and other ailments. The company was formed in 2018 and is headquartered in Jupiter, Florida. For more information, please visit www.JupiterWellnessInc.com.
NOTE TO INVESTORS: The latest news and updates relating to JUPW are available in the company’s newsroom at https://cnw.fm/JUPW
CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.
To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CBDWire.com
Do you have questions or are you interested in working with CNW? Ask Our Editor
CBDWire is part of the InvestorBrandNetwork.