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Rani Therapeutics Holdings

Rani Therapeutics’ stock jumps 69% after IPO

August 13, 2021 By Brian Buntz

Rani Therapeutics

Rani Therapeutics Holdings (NSDQ:RANI) recently announced the closing of its initial public offering (IPO) of 7,666,667 shares of its Class A common stock. The stock began trading at $11, trailing the company’s expected range of $14 to $16. Today, the stock closed at $18.61, representing a 69.18% increase. RANI shares were trading even higher on […]

Filed Under: Drug-Device Combinations Tagged With: IPO, Rani Therapeutics, Rani Therapeutics Holdings, RaniPill

Rani Therapeutics prices $73M IPO for robotic drug-delivery pill tech

August 3, 2021 By Brian Buntz

Rani Therapeutics

Rani Therapeutics Holdings ​​(NSDQ:RANI), developer of a robotic drug-delivery pill system, generated $73.3 million in its underwritten initial public offering (IPO) of Class A common stock. The San Jose, Calif.–based company’s IPO of 6.7 million shares priced at $11 a share, generating gross proceeds of $73.3 million. The company initially targeted an IPO worth approximately […]

Filed Under: Drug-Device Combinations Tagged With: Drug delivery, Rani Therapeutics Holdings

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