TroyGould Represents WallachBeth Capital LLC in 60 Degrees Pharmaceuticals’ $7.5 million Initial Public Offering
TroyGould advised underwriter, WallachBeth Capital LLC, in the recent $7.5 million initial public offering of 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP) pursuant to which the company issued 1,415,095 units at $5.30 per unit, with each unit consisting of one share of common stock, one tradeable warrant to purchase one share of common stock at an exercise price of $6.095 per share, and one non-tradeable warrant to purchase one share of common stock at $6.36 per share. 60 Degrees Pharmaceuticals, Inc. specializes in developing and marketing medicines for infectious diseases. WallachBeth Capital LLC acted as sole book-running manager for the offering. The TroyGould team was led by David Ficksman and Joilene Wood. For more information, see this press release.
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