other material
confidence high
sentiment neutral
materiality 0.65
TransCode Therapeutics prices $3.0M public offering of 10M shares at $0.30
Transcode Therapeutics, Inc.
- Offering of 10,000,000 common shares at $0.30 per share for gross proceeds of $3.0M.
- Placement agent warrants to purchase 500,000 shares at $0.375, expiring July 22, 2029.
- Expected close on July 24, 2024; proceeds for TTX-MC138 clinical trials and working capital.
- ThinkEquity acting as sole placement agent; securities offered via effective S-3 shelf.