other_material
confidence high
sentiment neutral
materiality 0.70
Gain Therapeutics prices $7M public offering of common stock and warrants
Gain Therapeutics, Inc.
- Offering of 4,501,640 common shares and warrants to purchase 2,250,820 shares at $3.11 per set.
- Gross proceeds of $7.0M; net proceeds expected ~$6.3M after underwriting fees and expenses.
- Proceeds to fund clinical development of lead candidate GT-02287 for GBA1 Parkinson's disease.
- Warrants exercisable at $1.65 per share, immediately exercisable, expire in 5 years.
- Newbridge Securities sole book-runner; closing expected July 17, 2025.
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