other material
confidence high
sentiment neutral
materiality 0.70
Monopar raises ~$37.6M via registered offering and private placement of pre-funded warrants
Monopar Therapeutics
- Registered offering of 798,655 shares at $23.79 per share; concurrent private placement of pre-funded warrants for 882,761 shares at $23.789 each.
- Pre-funded warrants have exercise price of $0.001 per share; total combined net proceeds ~$37.6M after discounts and expenses.
- Closings expected December 23, 2024; underwriting agreement with Piper Sandler & Co. as representative.
- Securities Purchase Agreement with an institutional investor; Registration Rights Agreement requires resale registration within 30 days of closing.