other material
confidence high
sentiment neutral
materiality 0.75
Silexion Therapeutics prices ~$5M public offering of shares and warrants at $1.35/unit
Silexion Therapeutics Corp
- Gross proceeds expected ~$5M; net proceeds ~$4.26M after placement agent fees and expenses.
- Offering includes 3,703,703 ordinary shares (or pre-funded warrants) and identical number of warrants exercisable at $1.35 for 5 years.
- Closing expected January 17, 2025; placement agent H.C. Wainwright & Co. receives 7% cash fee plus 1% management fee.
- Proceeds to advance pre-clinical studies for KRAS-driven cancer RNAi therapies and for general corporate purposes.