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Stock impact report

Monopar Therapeutics Inc. Announces Pricing of $19.2 Million Public Offering of Common Stock [Yahoo! Finance]

Monopar Therapeutics Inc. (MNPR) 
Company Research Source: Yahoo! Finance
biotechnology company focused on developing innovative treatments for patients with unmet medical needs, today announced the pricing of its best efforts public offering of shares of its common stock at a public offering price of $16.25 per share, for aggregate gross proceeds of approximately $19.2 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The offering is expected to close on October 30, 2024, subject to satisfaction of customary closing conditions. Janus Henderson Investors, RA Capital Management, L.P. and other notable growth and life science investors participated in the offering. Rodman & Renshaw LLC is acting as the exclusive placement agent for the offering. Monopar Therapeutics intends to use the net proceeds from the offering for general corporate purposes, which may include research and development expenditures, clinical trial expenditures, manufacture and supply of product and working capital. The securiti Show less Read more
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