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0.234920634920635 0.149206349206349 0.19047619047619 0.174603174603175 0.104761904761905 0.117809523809524 0.0761904761904761 0.0174603174603174
Stock impact report

Genelux Corporation Announces Pricing of $10.5 Million Underwritten Offering of Common Stock

Genelux Corporation (GNLX) 
Company Research Source: GlobeNewswire
WESTLAKE VILLAGE, Calif., March 25, 2025 (GLOBE NEWSWIRE) -- Genelux Corporation (“Genelux”) (Nasdaq: GNLX), a late clinical-stage immuno-oncology company, today announced the pricing of an underwritten offering of 3,000,000 shares of its common stock at an offering price of $3.50 per share. The gross proceeds to Genelux from the offering are expected to be $10.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Genelux. Titan Partners Group, a division of American Capital Partners, is acting as sole bookrunner for the offering. The net proceeds from the offering are to be used for working capital and for general corporate purposes, including the continued clinical development of Olvi-Vec. The offering is expected to close on or about March 26, 2025, subject to customary closing conditions The securities were offered by Genelux pursuant to an effective shelf registration statement previously filed by Genelux with the Show less Read more
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