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0.00551020408163261 0.020408163265306 0.0196938775510204 0.00775510204081627 -0.0306122448979592 -0.0304081632653062 -0.0407142857142858 -0.0305102040816327
Stock impact report

BriaCell Therapeutics Announces Closing of $5 Million Offering

BriaCell Therapeutics Corp. - Common Shares (BCTX) 
Company Research Source: GlobeNewswire
PHILADELPHIA and VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, today announced the closing of its previously announced best-efforts offering of 5,128,500 common shares and warrants to purchase up to 5,128,500 common shares at a combined offering price of $0.975 per share and associated warrant, priced at-the-market under Nasdaq rules. The warrants have an exercise price of $0.85 per share and are immediately exercisable upon issuance for a period of five years following the date of issuance. Total gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, are approximately $5 million. The Company intends to use the net proceeds from the offering for working capital requirements, general corporate purposes, and the advancement of Show less Read more
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