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-0.0534804753820035 -0.0067911714770798 -0.0135823429541596 -0.0135823429541596 -0.0155687606112055 -0.0213921901528014 -0.0441426146010188 -0.0305772495755518
Stock impact report

Aptorum Group Announces Closing of $10 Million Registered Direct Offering of Class A Ordinary Shares and Warrants

Aptorum Group Limited - Class A Ordinary Shares (APM) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Aptorum Group Limited (NASDAQ:APM) (“Aptorum Group”), a biopharmaceutical company focused on the development of novel therapeutics to address global unmet medical needs, today announced the closing of a registered direct offering of 1,351,350 Class A ordinary shares at a per share offering price of $7.40. The investors also received accompanying warrants to purchase 1,351,350 of its Class A ordinary shares at an exercise price of $7.40 per share. Participation in the offering includes approximately $6 million from unaffiliated institutional investors and $4 million from Jurchen Investment Corporation, the largest shareholder of Aptorum Group, which is wholly owned by Ian Huen, the Chief Executive Officer and Executive Director of Aptorum Group.A.G.P./Alliance Global Partners acted as the lead placement agent and Maxim Group acted as co-placement agent for the offering.Aptorum Group received gross proceeds of $10 million from the offering, before deductin Show less Read more
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