Checkpoint Therapeutics prices $10M registered direct offering
May 23, 2023 4:08 PM ETCheckpoint Therapeutics, Inc. (CKPT)By: Ahmed Farhath, SA News Editor1 Comment
- Checkpoint Therapeutics (NASDAQ:CKPT) said Tuesday it has priced the offering of common stock and warrants to raise $10 million.
- The company will offer 3,256,269 shares of its common stock or pre-funded warrants in lieu thereof, Series A warrants to purchase up to 3,256,269 shares of common stock and Series B warrants to purchase up to 3,256,269 shares of common stock.
- The purchase price was set at $3.071 per share of common stock or pre-funded warrant in lieu thereof and associated warrants.
- The Series A warrants have an exercise price of $2.821 per share and the Series B warrants have an exercise price of $2.821 per share.
- H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.
- Press Release.