Tenax Therapeutics (TENX) Announces $100M Private Placement
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Tenax Therapeutics Announces Oversubscribed $100 Million Private Placement
August 6, 2024 7:13 AM EDTCHAPEL HILL, N.C., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Tenax Therapeutics, Inc. (Nasdaq: TENX) (the Company or Tenax Therapeutics), a Phase 3, development-stage pharmaceutical company focused on identifying, developing and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical need, today announced that it has entered into a securities purchase agreement for an oversubscribed private placement financing that is expected to result in total gross proceeds of approximately $100 million to the Company, before deducting placement agent fees and other private placement expenses.
The private placement was led by... More
