BullFrog AI Holdings, Inc.

BullFrog AI Holdings, Inc. (BFRG) priced its initial public offering on Feb 16, 2023 at $6.50 per share, raising $8.4M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $36.7M. WallachBeth Capital was lead-left underwriter, joined by Kingswood.

BullFrog AI Holdings, Inc. uses artificial intelligence and machine learning to advance medicines in both internal and external projects. Its approach aims to integrate complex data from each stage of drug development to reduce failure risk and the high cost of developing therapeutics.

Status

IPO

Ticker

BFRG

Exchange

Nasdaq Capital Market

Priced

Feb 16, 2023

IPO price

$6.50

Raised

$8.4M

Market cap at IPO price

$36.7M

First filed

Oct 19, 2022

Underwriters

WallachBeth Capital and Kingswood

Sector

Biotech & pharma

Country / state

MD

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.