NEXGEL Announces $2,000,000 Registered Direct Offering
NexGel, Inc (NXGL)
Company Research
Source: GlobeNewswire
LANGHORNE, Pa., Nov. 11, 2024 (GLOBE NEWSWIRE) -- NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: NXGL), a leading provider of medical and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogels for healthcare and consumer applications, today announced it has entered into definitive agreements for the issuance and sale of an aggregate of 727,272 of its shares of common stock and the issuance of warrants to purchase up to an aggregate of 363,636 shares of common stock for a combined offering purchase price of $2.75 per share of common stock in a registered direct offering. The warrants will have an exercise price of $4.25 per share and be exercisable immediately upon issuance and have a term of five years from the date of issuance. NEXGEL insiders, including members of the management team and Board of Directors, participated in the offering. Insiders are subject to a six-month lock-up period from the date of closing. The gross proceeds from the offer
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NXGL
News
- NEXGEL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference on December 10-11, 2024 [Yahoo! Finance]Yahoo! Finance
- NEXGEL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference on December 10-11, 2024GlobeNewswire
- NEXGEL Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- NEXGEL, Inc. (NXGL) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- NEXGEL Reports Record Third Quarter 2024 Revenue of $2.94 Million, an Increase of 141% Year-Over-Year and 104% Sequentially [Yahoo! Finance]Yahoo! Finance
NXGL
Sec Filings
- 11/14/24 - Form 8-K
- 11/13/24 - Form 10-Q
- 11/13/24 - Form 424B5
- NXGL's page on the SEC website