other material
confidence high
sentiment neutral
materiality 0.75
Rezolute closes $96.9M equity offering at $3.25/share
Rezolute, Inc.
- Aggregate of 24,940,769 common shares at $3.25 plus 6,905,385 pre-funded warrants at $3.2490 each.
- Net proceeds of approx. $96.9 million; intended for R&D, corporate expenses, and working capital.
- Underwriters' option to purchase additional shares exercised in full.
- Separate private placement of $4.2M shares at same price; expected close May 7, 2025.
- Participation from Federated Hermes, Blackstone, Great Point Partners, Marshall Wace, and others.