Spartan Capital Securities, LLC Serves as Sole Placement Agent in Virpax Pharmaceuticals, Inc.'s $5.0 Million Public Offering

Virpax Pharmaceuticals, Inc. (VRPX)
Company Research
Source: GlobeNewswire
New York, NY, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Spartan Capital Securities, LLC, a leading investment banking firm, is pleased to announce its role as the sole placement agent in Virpax Pharmaceuticals, Inc.'s (Nasdaq: VRPX) successful $5.0 million public offering of common stock and pre-funded warrants. Virpax Pharmaceuticals, a preclinical-stage pharmaceutical company focused on developing novel and proprietary drug delivery systems across various pain indications, raised $5.0 million through the sale of shares of common stock and pre-funded warrants at a public offering price of $0.50 per share. The company intends to use the proceeds for ongoing activities, including its planned Investigational New Drug (IND) filing for its patented injectable “local anesthetic” liposomal technology, Probudur™, aimed at post-operative pain management. Additionally, funds will be allocated to marketing and advertising services provided by IR Agency LLC, as well as general corporate purposes. “W
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VRPX
News
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- Virpax's NES100 to be Presented at The Society of Toxicology by NCATS [Yahoo! Finance]Yahoo! Finance
- Virpax’s NES100 to be Presented at The Society of Toxicology by NCATSBusiness Wire
- Virpax Reports Positive Results in Human Study for its Molecular Envelope TechnologyBusiness Wire
VRPX
Sec Filings
- 3/3/25 - Form 10-K
- 2/6/25 - Form 8-K
- 2/4/25 - Form 8-K
- VRPX's page on the SEC website