Iterum Therapeutics sets July 16 record date for $1.21/unit rights offering of 8.5M units

Iterum Therapeutics plc

Record date: July 16, 2024; subscription period expected July 22 to August 6, 2024.
Each unit ($1.21) comprises 1 ordinary share, a 1-year warrant for 0.5 shares, and a 5-year warrant for 1 share.
Basic subscription right: $0.605 for 0.5 units; over-subscription privilege available for unsubscribed units.
One eligible warrant holder waived participation; rights are non-transferable; fractional units rounded down.
Over-subscription requests allocated pro-rata if exceeded; excess payments returned without interest.

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