other material
confidence high
sentiment neutral
materiality 0.50
Tharimmune announces $2.08M private placement; 659K shares & warrants at $3.16/unit
Canton Strategic Holdings, Inc.
- Gross proceeds of ~$2.08M from sale of 659,545 shares (or equivalents) and warrants to purchase 329,771 shares.
- Warrants exercisable at $3.09 per share beginning 6 months after issuance, expiring 5.5 years later.
- Closing expected June 21, 2024; led by SDS Capital Group and Gravitas Capital.
- Net proceeds to fund clinical development and working capital, including TH104 program.