other material
confidence high
sentiment neutral
materiality 0.60
GRI Bio launches $6.7M public offering of common stock and warrants
GRI Bio, Inc.
- Offering comprises 2.6M shares, 8.1M pre-funded warrants ($0.0001/share), and 10.7M Series F warrants ($0.75/share) at $0.75 per unit.
- Net proceeds expected ~$6.7M; funds working capital, product development, and general corporate purposes.
- Closing anticipated December 12, 2025; H.C. Wainwright acts as placement agent with 7.0% cash fee plus warrants.
- Company believes proceeds plus existing cash will fund operations into Q4 2026; 60-day lockup on further equity issuance.