Update #1: Meetups, Share Price, Podcasts…
This is Jim Segermark, CEO and Co-Founder of InSitu Biologics. Quick note to share our progress and upcoming events with you. If you live, or happen to be, in the St. Paul, Orlando or Santa Barbara area, please consider joining us at one of our Happy Hour Technology Updates, please see the details below.
As many of you know we have been qualified by the SEC to raise up to $10 million from the sale of Common A Shares over the course of 12 months. Since July 31st, we’ve raised $1.8 million. Many thanks to all of you that have made an investment and taken the time to understand the opportunity AnestaGel™ presents.
We opened our IPO with an initial share price of $5.75 and quickly sold out. Since then, the SEC approved a share price increase of $6.85, of which we have about $100,000 remaining. We plan on going back to the SEC after that is sold, for a new price based on milestones achieved and actions we have taken.
A few of you have had questions regarding the investment process. There is now an FAQ format that may be helpful. Here is the link.
InSitu Biologics shares are now sold in all 50 states and throughout the world via our FINRA Broker Dealer, SageWorks Capital, LLC.
What’s Coming Up:
Pre-Clinical GLP Study: We will begin what we believe is our final battery of tests for AnestaGel in multiple species. These begin on October 15.
FDA Pre-IND Meeting: We expect to meet with the FDA in the coming months to discuss the filing for our Phase 1 Clinical Study.
Introductions: We want your investor friends, family, colleagues, and other medical professionals to become shareholders and spread our message and investment opportunity. If you know someone that may be interested, feel free to drop me a note; I will personally follow up.
Let’s Get Together: We will be hosting Technology Updates in St. Paul on October 2, at Town & Country Club from 4-7pm, Orlando on October 26 & 27 at the Marriott Marquis from 5-8 on Friday & 9am-6pm on Saturday, and in Santa Barbara on Thursday, November 15, from 4-8pm at a site to be determined. Please join us and bring a friend.
Your questions and favorable comments are always welcome. If you have complaints, I will find someone for you to send those to… Thank you again for interest, and financial support