CohBar (CWBR) Prices 12.3M Unit Offering at $1.22/Unit

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Go back to CohBar (CWBR) Prices 12.3M Unit Offering at $1.22/Unit

CohBar Announces Pricing of $15.0 Million Public Offering of Common Stock and Warrants

August 26, 2020 8:30 AM EDT

MENLO PARK, Calif., Aug. 26, 2020 (GLOBE NEWSWIRE) -- CohBar, Inc. (NASDAQ: CWBR) (the Company), a clinical stage biotechnology company developing mitochondria based therapeutics to treat chronic diseases and extend healthy lifespan, today announced the pricing of an underwritten public offering of 12,300,000 units at a price to the public of $1.22 per unit.  Each unit consists of one share of the Companys common stock and one warrant to purchase 0.75 of a share of common stock at a per share exercise price of $1.44. Each warrant will be exercisable for five years from the closing date of... More