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0.0114942528735631 0.0344827586206896 0.0268199233716474 0.0421455938697317 0.0268199233716474 0.0191570881226053 0.0191570881226053 0.0114942528735631
Stock impact report

Cocrystal Pharma Announces Closing of $40 Million Bought Deal

Cocrystal Pharma, Inc. (COCP) 
NASDAQ:AMEX Investor Relations: cocrystalpharma.com
Company Research Source: GlobeNewswire
BOTHELL, Wash., May 07, 2021 (GLOBE NEWSWIRE) -- Cocrystal Pharma, Inc. (Nasdaq: COCP), (“Cocrystal” or the “Company”), a clinical-stage biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, coronaviruses, hepatitis C viruses and noroviruses, today announced the closing of its previously announced public offering of 26,000,000 shares of common stock of the Company, at a price to the public of $1.54 per share, less underwriting discounts and commissions. H.C. Wainwright & Co. is acting as the sole book-running manager for the offering. The gross proceeds to Cocrystal, before deducting underwriting discounts and commissions and offering expenses, were approximately $40 million. The Company intends to use the net proceeds from this offering for the expansion of its COVID-19 and Influenza treatment development programs and general corporate purposes and working capital. The shares of common stock were Show less Read more
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