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0.0288065843621398 -0.000352733686067033 -0.0534979423868313 -0.056143445032334 -0.0805408583186362 -0.0758377425044092 -0.106407995296884 -0.118165784832452
Stock impact report

Applied Therapeutics Announces $100 Million Private Placement [Yahoo! Finance]

Applied Therapeutics, Inc. (APLT) 
Last applied therapeutics, inc. earnings: 11/13 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net proceeds, along with existing cash and cash equivalents, are expected to extend cash runway into 2026 NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Applied Therapeutics, Inc. (Nasdaq: APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced that it has entered into a securities purchase agreement for a private placement of $100 million of equity. The Company entered into a definitive securities purchase agreement, dated as of February 27, 2024, for the sale of 12,285,714 shares of the Company's common stock, par value $0.0001 per share at a purchase price of $7.00 per share (the “Shares”) and 2,000,000 pre-funded warrants to purchase common stock at a purchase price of $6.999, which is equal to the purchase price per share of common stock less the $0.001 per share exercise price of each pre-funded warrant (the “Pre-Funded Warrants” and together Show less Read more
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