other_material
confidence high
sentiment neutral
materiality 0.60
Tharimmune raises ~$2.5M in private placement of equity and warrants
Canton Strategic Holdings, Inc.
- Gross proceeds ~$2.5M from 1,551,351 shares, pre-funded warrants for 137,838 shares at $0.001.
- Series A warrants for 1,689,189 shares at $1.29; Series B for 844,572 shares at $3.00.
- Warrants exercisable after 6 months, term of 5.5 years from issuance date.
- Proceeds to fund clinical development and working capital; closing expected June 20, 2025.
- President Street Global acted as exclusive placement agent.
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