Can I buy Oxeia Biopharmaceuticals stock?

Oxeia Biopharmaceuticals, a California-based biotech company that develops therapies for mild traumatic brain injury, has cancelled plans to go public in the US. Learn more about the withdrawn IPO, and find out about similar companies in which you can invest.

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What we know about the Oxeia Biopharmaceuticals IPO

On June 8, 2022, Oxeia Biopharmaceuticals announced it was cancelling its plans to go public. Originally, it had planned to conduct an IPO on the Nasdaq Capital Market under the ticker symbol “OXEA.” Stocks were expected to open at a price of $6.00 – $8.00.

Dawson James Securities, Inc. was slated to act as the lead underwriter of the deal. You can read more about the IPO in this document submitted to the US Securities and Exchange Commission (SEC) on May 3, 2022.

No reason was provided for the cancellation. A future IPO date has not been announced.

Buy stocks in similar companies

Even though you won’t be able to buy Oxeia Biopharmaceuticals stock, you can still invest in other companies that develop therapies or provide services related to patients with brain injuries.

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4. Research the stock. Find the stock by name or ticker symbol (for example, “SEM”), and research it before deciding if it’s a good investment for you.
5. Purchase now or later. Buy your desired number of stocks with a market order, or use a limit order to delay your purchase until the stock reaches a more favorable price.

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