other material
confidence high
sentiment neutral
materiality 0.70
BriaCell closes $13.8M public offering of units with warrants
BriaCell Therapeutics Corp.
- Gross proceeds of ~$13.8M from 3,066,666 units at $4.50/unit, including 399,999 from over-allotment
- Each unit consists of one common share (or pre-funded warrant) and one warrant exercisable at $5.25 for five years
- Warrants commenced trading on Nasdaq under BCTXZ on April 25, 2025
- Net proceeds to be used for working capital, general corporate purposes, and advancing business objectives
- ThinkEquity acted as sole book-running manager; offering closed on April 28, 2025