other material
confidence high
sentiment neutral
materiality 0.60
Qualigen closes $3.47M public offering of shares and warrants at $0.13
AIxCrypto Holdings, Inc.
- Offering of 14,724,058 shares at $0.13/share plus pre-funded warrants for 11,972,754 shares at $0.129.
- Gross proceeds ~$3.47M; net proceeds to repay $2M July Senior Note, fund clinical trials and working capital.
- Directors and officers subject to 180-day lock-up on additional sales of securities.
- Univest Securities acted as placement agent; received 3% cash fee and 5-year warrants for 800,904 shares at $0.156.