BriaCell closes $30M public offering of units; warrants trade under BCTXL
BriaCell Therapeutics Corp.
- Closed public offering of 5,366,726 units at $5.59/unit for gross proceeds of ~$30M.
- Each unit comprises one common share (or pre-funded warrant) and one warrant at $6.93.
- Warrants started trading on Nasdaq on Jan 14 under symbol BCTXL; expire in 5 years.
- Net proceeds to fund working capital, general corporate purposes, and business advancement.
- Placement agent warrants issued to ThinkEquity for 161,001 shares at $8.385 per share.