other material
confidence high
sentiment neutral
materiality 0.55
Virios Therapeutics prices $1.7M public offering of 8.5M shares at $0.20/share for Long-COVID study prep
Dogwood Therapeutics, Inc.
- Priced public offering of 8,500,000 shares at $0.20 per share for gross proceeds of approx. $1.7M.
- Net proceeds to fund preparatory activities for planned IMC-2 Long-COVID Phase 2b study and general corporate purposes.
- Offering expected to close on May 22, 2024; Maxim Group LLC acting as sole placement agent.