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0.0256410256410257 0.0320512820512819 0.0277777777777778 0.0512820512820513 0.0341880341880342 0.0598290598290597 0.0427350427350428 0.0213675213675213
Stock impact report

Equillium Announces $35 Million Financing with RA Capital Management [Yahoo! Finance]

Equillium, Inc. (EQ) 
Last equillium, inc. earnings: 3/26 04:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Equillium, Inc. Capital strengthens the advancement of EQ504 through key clinical milestones Anticipated net proceeds, along with existing cash and cash equivalents, expected to extend cash runway into 2029 LA JOLLA, Calif., March 13, 2026 (GLOBE NEWSWIRE) Equillium, Inc. (“Equillium” or the “Company”) (Nasdaq: EQ), a biotechnology innovator developing novel therapies to treat severe autoimmune and inflammatory disorders, today announced that it has entered into a definitive securities purchase agreement with RA Capital Management that will provide approximately $35 million in gross proceeds to Equillium. Pursuant to the terms of the securities purchase agreement, the Company will issue approximately 18.9 million shares of its common stock (including shares of common stock underlying pre-funded warrants), representing a purchase price of $1.854 for each share of common stock (which represents the average closing price of the Company's common stock for the five trading days im Show less Read more
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