other material
confidence high
sentiment neutral
materiality 0.60
Intensity Therapeutics prices $4M registered direct offering of 5M shares at $0.80
INTENSITY THERAPEUTICS, INC.
- Gross proceeds of $4.0M from sale of 5M shares at $0.80 per share; closing expected Nov 3, 2025.
- Net proceeds to fund clinical trial advancement, working capital, and general corporate purposes.
- Cash runway expected to extend to end of Q1 2027 after the offering closes.
- A.G.P./Alliance Global Partners is sole placement agent; fee 7% of gross proceeds plus up to $50k expenses.