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Stock impact report

Indaptus Therapeutics, Inc. Announces $2.135 Million Registered Direct Offering and Concurrent Private Placement [Yahoo! Finance]

Indaptus Therapeutics, Inc. (INDP) 
Company Research Source: Yahoo! Finance
and warrants to purchase up to 1,817,017 shares, with a combined effective purchase price of $1.175. The gross proceeds from the offering are expected to be approximately $2.135 million, which will be used to fund research and development activities, working capital, and general corporate purposes. The offering is expected to close on or about November 25, 2024, subject to customary closing conditions. NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Indaptus Therapeutics, Inc. (Nasdaq: INDP) (“Indaptus”), a clinical stage biotechnology company dedicated to pioneering innovative cancer and viral infection treatments, today announced that it has entered into securities purchase agreements with investors, including an officer of Indaptus, for the issuance and sale of an aggregate of 1,817,017 of its shares of common stock. In a concurrent private placement, Indaptus has also agreed to issue and sell unregistered warrants to purchase up to an aggregate of 1,817,017 of its shares of common s Show less Read more
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