By Stephen Nakrosis
Shares of Bruush Oral Care Inc., which debuted on the Nasdaq Wednesday under the symbol BRSH, were trading higher Thursday.
At 12:32 p.m. EDT, the stock had gained 41.64% to trade at $3.04 per share. Volume at the time topped 26.3 million shares.
The company priced its initial public offering of 3.73 million units at $4.16 each. Units consist of one share of common stock and one warrant to purchase a share of common stock, with an initial exercise price of $4.16 per share, the company said.
The stock, which closed Wednesday at $2.15 per share, opened trading Thursday at $2.79 per share. Earlier in the session, the stock was trading as high as $3.88 per share.
Bruush said it is an oral care e-commerce company with a “product portfolio that currently consists of a sonic-powered electric toothbrush kit and brush head refills.”
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
Read More: Bruush Oral Care Shares up 42% on Second Day of Nasdaq Trade