Sonnet BioTherapeutics (SONN) Prices 5M Share Offering at $0.45/sh
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Sonnet BioTherapeutics Announces $2.25 Million Registered Direct Offering and Concurrent Private Placement
June 28, 2023 8:03 AM EDTPRINCETON, NJ / ACCESSWIRE / June 28, 2023 / Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) ("Sonnet" or the "Company"), a biopharmaceutical company developing innovative targeted biologic drugs, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of an aggregate of 5,000,000 shares of its common stock (or common stock equivalents in lieu thereof), at a purchase price of $0.45 per share of common stock (or common stock equivalent in lieu thereof), in a registered direct offering. The Company has also agreed to issue to the investor, in... More
