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-0.0293663060278206 -0.0293663060278206 -0.0293663060278206 -0.0494744976816073 -0.0262751159196289 -0.0602782071097372 -0.0417310664605873 -0.0510510046367851
Stock impact report

Enlivex Therapeutics Closes $16.75 Million Registered Direct Offering

Enlivex Therapeutics Ltd. - Ordinary Shares (ENLV) 
Company Research Source: GlobeNewswire
Nes-Ziona, Israel, March 05, 2020 (GLOBE NEWSWIRE) -- Enlivex Therapeutics Ltd. (Nasdaq: ENLV), a clinical-stage immunotherapy company, today announced the closing of its previously announced registered direct offering to certain accredited and healthcare-focused institutional investors, including Armistice Capital, of an aggregate of 2,093,750 ordinary shares of the Company and warrants to purchase up to an aggregate of 2,093,750 ordinary shares at a combined purchase price of $8.00 per share and associated warrant, for aggregate gross proceeds of $16.75 million.   H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The warrants have an exercise price of $9.00 per ordinary share, an exercise period commencing immediately upon issuance and a term of two years from the issuance date. As part of the offering, the Company agreed to a customary lock-up period of 75 days following the offering.  The Company intends to use the net proceeds from Show less Read more
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