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Stock impact report

Evoke Pharma Announces Proceeds from Existing Warrants and Board Expansion

Evoke Pharma, Inc. (EVOK) 
Last evoke pharma, inc. earnings: 11/7 08:30 am Check Earnings Report
Company Research Source: GlobeNewswire
Nantahala to nominate 2 board seats Portion of the proceeds received from warrants executed at $8.16/share SOLANA BEACH, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused on developing treatments for gastrointestinal (GI) diseases, with a particular emphasis on GIMOTI® (metoclopramide) nasal spray, announced today that it received approximately $3.0 million in gross proceeds from the amendment and exercise of existing warrants. The approximately $3.0 million in gross proceeds will be used to support working capital and general corporate purposes, including advancing the commercial efforts for GIMOTI. Details of the exercised warrants can be found in the corresponding SEC filing. No new warrants were issued with these transactions which closed on September 30, 2024. "Recent regulatory events clarify that Gimoti is unlikely to have direct branded competition for several years at the earli Show less Read more
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