Seelos Therapeutics, Inc. announced that it has entered into a a securities purchase agreement with certain institutional investors, providing for the purchase and sale of 380,968 shares of common stock and pre-funded warrants to purchase up to 81,239 shares of common stock at a price of $2.46 per share for the total gross proceeds of approximately $1,137,029, before deducting the placement agent's fees and other estimated offering expenses on May 16, 2024. The warrants will have an exercise price of $2.21 per share of common stock, will be immediately exercisable upon issuance and will expire five years following the initial date of exercise. The registered direct offering and concurrent private placement are expected to close on or about May 21, 2024, subject to the satisfaction of customary closing conditions.
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5-day change | 1st Jan Change | ||
1.2 USD | -1.64% | -9.77% | -89.21% |
May. 16 | Seelos Therapeutics, Inc. announced that it expects to receive $1.137029 million in funding | CI |
May. 14 | Seelos Therapeutics to Implement Reverse Stock Split to Regain Bourse Compliance | MT |
1st Jan change | Capi. | |
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-89.21% | 3.13M | |
+11.91% | 118B | |
+11.60% | 106B | |
-4.68% | 24.28B | |
-0.82% | 21.96B | |
-10.12% | 18.16B | |
-42.12% | 16.37B | |
-17.47% | 15.56B | |
+2.77% | 13.63B | |
+34.67% | 12.27B |
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- Seelos Therapeutics, Inc. announced that it expects to receive $1.137029 million in funding