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0.00650557620817846 0.00650557620817846 0.00557620817843871 -0.000464684014869796 -0.0060408921933085 0.00418215613382899 0.00743494423791822 0.00743494423791822
Stock impact report

INmune Bio Inc. Announces $9.7 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules [Yahoo! Finance]

INmune Bio Inc. - Common stock (INMB) 
Company Research Source: Yahoo! Finance
on developing treatments that harness the patient's innate immune system to fight disease, today announced today that it has entered into definitive agreements for the sale and purchase of 986,000 shares of its common stock and warrants to purchase up to an aggregate of 986,000 shares of its common stock at an offering price of $9.84 per share of common stock and accompanying warrant. The warrants include an acceleration clause upon positive top-line data in the Company's Phase 2 Alzheimer's Disease program (as further described below). The offering was priced at-the-market under Nasdaq rules based on the average of the previous 5-days' closing prices, or $9.84 per share which includes $0.125 per warrant. The warrants terminate on the earlier of (1) the two (2) year anniversary of the initial exercise date of the warrant or (2) thirty (30) trading days following the reporting of positive top-line data (EMACC) in the Phase 2 Alzheimer's program of XPro1595, (the “Termination Date”). Th Show less Read more
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