Auris Medical Holding AG netted $51 million in a bargain basement initial public offering (IPO), comprising 9.4 million shares priced at $6 per share. Gross proceeds were $56.4 million, whereas the Zug, Switzerland-based firm originally planned to raise as much as $82.8 million, by offering 6.9 million shares, priced at $10 to $12 per share.