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Stock impact report

Citius Oncology Announces Closing of $9.0 Million Registered Direct Offering and Concurrent Private Placement [Yahoo! Finance]

Citius Pharmaceuticals, Inc. (CTXR) 
NASDAQ:AMEX Investor Relations: ir.citiuspharma.com
Company Research Source: Yahoo! Finance
oncology-focused subsidiary of Citius Pharmaceuticals, Inc. ("Citius Pharma") (Nasdaq: CTXR), a late-stage biopharmaceutical company developing and commercializing first-in-class critical care products, today announced the closing of its previously announced registered direct offering and concurrent private placement of an aggregate of 5,142,858 shares of common stock and unregistered warrants to purchase up to an aggregate of 5,142,858 shares of common stock. The combined effective offering price for each share of common stock and accompanying warrant was $1.75. The warrants have an exercise price of $1.84 per share, will be exercisable six months from the date of issuance, and will expire on the five and one-half year anniversary from the date of issuance. Citius Oncology logo (PRNewsfoto/Citius Oncology, Inc.) The gross proceeds to the Company from the registered direct offering and concurrent private placement were approximately $9.0 million before deducting placement agent fe Show less Read more
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