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-0.00860944429950432 -0.017305852682842 -0.017305852682842 -0.017305852682842 -0.0260022610661797 -0.0172188885990086 0.00869640838333769 -0.0129576484911733
Stock impact report

Tonix Pharmaceuticals Announces Pricing of $4.0 Million Public Offering [Yahoo! Finance]

Tonix Pharmaceuticals Holding Corp. (TNXP) 
Last tonix pharmaceuticals holding corp. earnings: 3/24 05:15 pm Check Earnings Report
US:NASDAQ Investor Relations: tonixpharma.com
Company Research Source: Yahoo! Finance
biopharmaceutical company, today announced it has entered into a placement agency agreement for the purchase and sale of 3,753,558 shares of its common stock (or pre-funded warrants in lieu thereof) at an offering price of $1.065 per share (or $1.064 per pre-funded warrant in lieu thereof). The closing of the public offering is expected to take place on or about June 13, 2024, subject to the satisfaction of customary closing conditions. The gross proceeds of the offering will be approximately $4.0 million before deducting placement agent fees and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, including the preparation of the new drug application relating to its Tonmya™ product candidate in patients with fibromyalgia, and the satisfaction of any portion of its existing indebtedness. Dawson James Securities, Inc. is acting as the sole placement agent for the o Show less Read more
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