other material
confidence high
sentiment neutral
materiality 0.70
NRx Pharmaceuticals closes $22.3M public offering of common stock at $3.50/share
NRX Pharmaceuticals, Inc.
- Priced 5,714,286 shares at $3.50; underwriters' option for 857,142 shares exercised, gross proceeds $22.3M.
- Net proceeds estimated ~$21.6M after underwriting discounts and expenses; funds working capital and growth.
- BTIG acted as lead bookrunner; Lucid Capital Markets as joint bookrunner.
- Offering led by B Group Capital, with participation from Columbia Threadneedle, Corbets Capital, Venture 76, and Mossrock Capital.
- Shares issued under effective S-3 shelf (No. 333-288205); closed June 4, 2026.