Heat Biologics (HTBX) Prices $7M Offering of Common Stock, Warrants
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Heat Biologics, Inc. Prices $7,000,000 Public Offering
January 16, 2020 9:52 AM ESTDURHAM, NC / ACCESSWIRE / January 16, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ: HTBX), a clinical-stage biopharmaceutical company specializing in the development of therapeutics designed to activate patients' immune systems against cancer, today announced the pricing of an underwritten public offering consisting of 20,000,000 shares of Common Stock together with Warrants to purchase 10,000,000 shares of Common Stock at a combined price to the public of $0.35. The gross proceeds to the Company from this offering are expected to be approximately $7,000,000, before deducting underwriting discounts, commissions and other offering expenses. The Warrants will have an exercise price of... More
