Grace Therapeutics Announces Private Placement Financing of up to $30 Million

Grace Therapeutics, Inc. (GRCE)
Company Research
Source: GlobeNewswire
Financing led by Nantahala Capital and ADAR1 Partners, LP with participation from new and existing healthcare-focused institutional investors $15 million in upfront gross proceeds with the potential to receive up to an additional $15 million in potential warrant exercise proceeds for an aggregate of up to approximately $30 million in potential total gross proceeds PRINCETON, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Grace Therapeutics, Inc. (Nasdaq: GRCE), formerly Acasti Pharma Inc. (Grace Therapeutics or the Company), a late-stage, biopharma company advancing GTx-104, a clinical-stage, novel, injectable formulation of nimodipine being developed for IV infusion to address significant unmet medical needs in aneurysmal Subarachnoid Hem
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GRCE
News
- Grace Therapeutics to Participate in the TD Cowen 45th Annual Health Care ConferenceGlobeNewswire
- Grace Therapeutics, Inc. (NASDAQ: GRCE) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $12.00 price target on the stock.MarketBeat
- Grace Therapeutics Announces Third Fiscal Quarter 2025 Financial Results, Provides Business Update [Yahoo! Finance]Yahoo! Finance
- Grace Therapeutics Announces Third Fiscal Quarter 2025 Financial Results, Provides Business UpdateGlobeNewswire
- Grace Therapeutics secures $15m for GTx-104 pre-commercial development [Yahoo! Finance]Yahoo! Finance
GRCE
Earnings
- 2/13/25 - Miss
GRCE
Analyst Actions
- 2/18/25 - HC Wainwright