other material
confidence high
sentiment neutral
materiality 0.35
NRx Pharmaceuticals underwriters exercise overallotment, issue 750K shares at $0.30
NRX Pharmaceuticals, Inc.
- Underwriters exercised overallotment option for 750,000 shares at $0.30/share, closed March 6, 2024.
- Option shares are part of the underwritten public offering announced Feb 27, 2024, with EF Hutton as lead underwriter.
- Gross proceeds from the option exercise total approximately $225,000 before underwriting discounts.