Intelligent Bio Solutions (INBS) prices ~570k offering w/warrants at $3.90/share

Intelligent Bio Solutions Inc. (Nasdaq: INBS) announced the pricing of its previously announced underwritten public offering of 569,560 shares of common stock and warrants to purchase up to 170,868 shares of its common stock at a combined public offering price of $3.90 per share of common stock and accompanying warrants, for initial gross proceeds of approximately $2.2 million, before underwriting discounts and commissions and offering expenses. The warrants have an exercise price of $3.90 per share, are exercisable immediately and will expire five years following the date of issuance.

Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunning manager for the offering.

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