other_material
confidence high
sentiment neutral
materiality 0.50
Sunshine Biopharma closes $6.0M public offering with up to $12M additional warrant proceeds
Sunshine Biopharma Inc.
- Gross proceeds $6.0M from 12,000,000 units at $0.50/unit; closed May 19, 2026.
- Each unit includes one share (or pre-funded warrant) plus two Series C warrants exercisable at $0.50 for five years.
- Potential additional $12.0M if Series C warrants fully exercised; no assurance given.
- Net proceeds for general corporate purposes and working capital.
- Aegis Capital Corp acted as placement agent with 7% fee plus 2% expense allowance.
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