other_material
confidence high
sentiment neutral
materiality 0.60
Tharimmune prices $1.74M unit offering of common stock and warrants at $1.786/unit
Canton Strategic Holdings, Inc.
- Offering: 414,331 shares, 559,910 pre-funded warrants, and 974,241 common warrants (exercise $1.66).
- Gross proceeds ~$1.74M before fees; net proceeds for working capital and general corporate purposes.
- Placement agent President Street Global receives 7% cash fee on gross proceeds and warrant exercises.
- Closing expected July 25, 2025; registered under effective S-3 shelf; common warrants unregistered.
- Dilution: total shares plus warrant shares equal ~1.95M common shares if all exercised.
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