Annovis Bio, Inc. to Proceed with Public Offering

On February 1, 2024, a registration statement, including a base prospectus, was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective. This move was made with the intention of making an offering of securities, as outlined in the prospectus. This signifies a significant step in the process of bringing new securities to market.

The decision to file a registration statement and base prospectus with the SEC is a crucial one for any entity looking to offer securities to the public. This process involves providing detailed information about the securities being offered, as well as the company issuing them. The SEC plays a vital role in regulating the issuance of securities, ensuring that investors are provided with accurate and transparent information to make informed decisions.

In the case of the filing made on February 1, 2024, the registration statement and base prospectus were declared effective by the SEC. This means that the necessary regulatory requirements have been met, and the company is now able to proceed with the offering of securities. The declaration of effectiveness by the SEC is a significant milestone in the process, as it indicates that the company has met all the necessary legal and regulatory requirements.

The prospectus filed with the SEC provides detailed information about the securities being offered, including the terms of the offering, the risks involved, and the financial information of the company issuing the securities. This information is crucial for investors to make informed decisions about whether to invest in the securities being offered.

Overall, the filing of a registration statement and base prospectus with the SEC is an essential step in the process of offering securities to the public. It ensures that investors are provided with accurate and transparent information, and that regulatory requirements are met. The declaration of effectiveness by the SEC signifies that the company has met all necessary legal and regulatory requirements and is now able to proceed with the offering of securities.