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0.00917431192660558 0.00917431192660558 -0.0458715596330275 -0.0856269113149846 -0.0978593272171253 -0.091743119266055 -0.073394495412844 -0.0703363914373089
Stock impact report

AN2 Therapeutics Announces $40 Million Private Placement Financing [Yahoo! Finance]

AN2 Therapeutics, Inc. (ANTX) 
US:NYSE Investor Relations: ir.antheminc.com
Company Research Source: Yahoo! Finance
novel small molecule therapeutics derived from its boron chemistry platform, today announced that it has entered into a securities purchase agreement for a private placement that is expected to result in gross proceeds of approximately $40 million, before deducting placement agent fees and other expenses. The private placement includes participation from Coastlands Capital, Commodore Capital, Vivo Capital and other new and existing institutional investors. In the private placement, AN2 Therapeutics is selling 8,245,611 shares of common stock at a price of $2.85 per share and, in lieu of common stock to investors who so choose, pre-funded warrants to purchase up to 5,789,493 shares of common stock at a price of $2.84999 per pre-funded warrant. Each pre-funded warrant will have an exercise price of $0.00001 per share of common stock, will be exercisable immediately and will be exercisable until exercised in full, subject to ownership limitations. The private placement is expected to c Show less Read more
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