other material
confidence high
sentiment neutral
materiality 0.60
Protagenic Therapeutics closes $1.275M private placement of common stock and warrants
Protagenic Therapeutics, Inc.new
- Closed private placement on Nov 4, 2024; sold 1,948,295 shares of common stock.
- Issued series A warrants (18-month term) and series B warrants (5-year term), each exercisable at $0.64 per share.
- Gross proceeds of $1.275M; net proceeds to be used for working capital.
- Brookline Capital Markets acted as sole placement agent for the offering.
- Warrants exercisable only after stockholder approval date; no proceeds from warrants included in gross proceeds.