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Stock impact report

Phio Pharmaceuticals Announces Pricing of $8.0 Million Underwritten Public Offering

Phio Pharmaceuticals Corp. (PHIO) 
Last phio pharmaceuticals corp. earnings: 11/12 07:45 am Check Earnings Report
Company Research Source: PR Newswire
MARLBOROUGH, Mass., Feb. 11, 2020 /PRNewswire/ --- Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a biotechnology company developing the next generation of immuno-oncology therapeutics based on its proprietary self-delivering RNAi (INTASYL™) therapeutic platform, today announced the pricing of an underwritten public offering of an aggregate of 2,000,000 units at a public offering price of $4.00 per unit. Each unit contains one share of common stock (or common stock equivalent) and one warrant to purchase one share of common stock. The Company has granted the underwriter a 30-day option to purchase up to an additional 300,0000 shares of common stock and/or warrants to purchase up to 300,000 shares of common stock. The offering is expected to close on or about February 13, 2020, subject to the satisfaction of customary closing conditions.Logo - https://mma.prnewswire.com/media/786567/Phio_Pharmaceuticals_Logo.jpg  H.C. Wainwright & Co. is acting as the sole book-running manager for the offe Show less Read more
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