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Stock impact report

Univest Securities, LLC Announces Closing of $3.46 Million Registered Direct Offering for its Client Qualigen Therapeutics, Inc. (NASDAQ: QLGN)

Qualigen Therapeutics, Inc. (QLGN) 
Company Research Source: GlobeNewswire
New York, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) of (i) 14,724,058 shares of common stock priced at $0.130 per share, with pre-funded warrants exercisable for 11,972,754 shares with respect to the registered direct offering for its client Qualigen Therapeutics, Inc. (NASDAQ: QLGN) (the “Company”), a clinical-stage therapeutics company focused on developing treatments for adult and pediatric cancer. Under the terms of the securities purchase agreement, the Company has agreed to sell to the institutional investors a total of 14,724,058 shares priced at $0.130 per share, with pre-funded warrants exercisable for 11,972,754 shares. The purchase price of each pre-funded warrant is equal to the price per share, minus $0.001, and the remaining exercise price of each pre Show less Read more
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