Gemphire's Early-Stage Status Keeps Us Very Cautious On The IPO

Gemphire Therapeutics Inc. filed its S-1A on June 13 in advance of its June 23 IPO. GEMP hopes to raise $56.062 million in its IPO with a price range of $11 to $13 per share for its 3.75 million shares and overallotment.
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