other material
confidence high
sentiment neutral
materiality 0.65
Context Therapeutics closes $31.25M private placement of 5M shares and warrants
Context Therapeutics Inc.
- Gross proceeds of ~$31.25M from sale of 5M shares of common stock and 5M warrants at $6.25 per unit.
- Warrants have 5.5-year term and exercise price of $6.25 per share.
- ThinkEquity acted as sole placement agent for the offering.
- Company to file resale registration statement with SEC for shares and warrant shares.