other material
confidence high
sentiment neutral
materiality 0.50
Intensity Therapeutics prices $3M registered direct offering and warrants
INTENSITY THERAPEUTICS, INC.
- Sold 1,237,113 shares at $2.425/share for gross proceeds of ~$3M.
- Issued warrants for up to 1,237,113 shares at $2.95, exercisable after 6 months, 5.5-year term.
- Closing expected Nov 22, 2024; net proceeds for general working capital.
- A.G.P./Alliance Global Partners lead placement agent; Brookline Capital Markets co-agent.