other material
confidence high
sentiment neutral
materiality 0.60
BriaCell closes $5M offering of 5.1M shares and warrants at $0.975/unit
BriaCell Therapeutics Corp.
- 5,128,500 common shares and warrants to purchase 5,128,500 common shares sold at $0.975 per unit.
- Gross proceeds ~$5M; warrants exercisable at $0.85/share for five years from issuance.
- Proceeds for working capital, general corporate purposes, and business advancement.
- ThinkEquity acted as sole placement agent; placement agent warrants issued.
- Offering closed October 2, 2024, under effective shelf registration statement.