Greater Cincinnati is set to welcome another public company.
Blue Water Vaccines, a downtown-headquartered biopharma company, filed plans Friday with the Securities and Exchange Commission for an initial public stock offering, or IPO. The move follows three other locally based companies that have already gone public this year, with another local IPO pending.
Blue Water said the number of shares it will sell and the price have yet to be determined. It listed $24 million as the proposed maximum offering size in the filing, although those figures are often placeholders and the total can be much higher. It’s not known when the IPO will be completed.
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Story excerpt provided by Cincy Inno.
Written by Meg Garner.
Originally published October 11, 2021.