IPOs this week : Aug 12 - 16, 24 (wk 33)

IPOs expected to price

• YXT.COM Group Holding (YXT) is the only company expected to launch an IPO in the U.S. this week. The Chinese cloud-based digital corporate education platform business is looking to raise $50M. 

IPO quiet period expirations

IPO quiet periods expire on 

• Ardent Health Partners (ARDT), 
• TWFG (TWFG), and 
• Artiva Biotherapeutics (ARTV) to free up analysts to post ratings. 

IPO lockup expirations

The IPO lockup period expires for blocks of shares of Sacks Parente Golf (SPGC) and Chromocell Therapeutics (CHRO).

Chromocell Therapeutics Seeks $8.7 Million In Micro-IPO

• Chromocell Therapeutics, a Phase 1 biotech developing a non-addictive pain blocker using a sodium ion channel
• HQ North Brunswick, New Jersey
• https://chromocell.com/

 

Chromocell Therapeutics Corporation has filed for an $8.7 million IPO to develop its treatment for chronic pain conditions.

The company's lead compound is being prepared for a Phase 2a study for erythromelalgia patients with a genetic component.

The global market for erythromelalgia treatment is estimated to reach $3.5 billion by 2032, driving potential growth for Chromocell.