Inspire veterinary partners, inc. announces closing of $6.4 million initial public offering

Virginia beach, va / accesswire / august 31, 2023 / inspire veterinary partners, inc. (nasdaq:ivp) ("inspire" or the "company"), an owner and provider of pet health care services throughout the us, today announced it has closed its previously announced initial public offering of 1,600,000 shares of common stock at a public offering price of $4.00 per share for aggregate gross proceeds of approximately $6.4 million, prior to deducting underwriting discounts, commissions, and other offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 15% of shares of common stock at the initial public offering price, less underwriting discounts and commissions to cover over-allotments, if any.
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