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0 -0.00584453535943893 -0.00584453535943893 0 -0.00584453535943893 -0.00642898889538292 -0.00642898889538292 0.0140268848626533
Stock impact report

NLS Pharmaceutics Announces Closing of $1.75 Million Registered Direct Offering [Yahoo! Finance]

NLS Pharmaceutics Ltd. - Common Shares (NLSP) 
Company Research Source: Yahoo! Finance
biopharmaceutical company focused on the discovery and development of innovative therapies for patients with rare and complex central nervous system disorders, today announced the closing of its previously announced registered direct offering of 7,000,000 of its common shares at a purchase price of $0.25 per share. NLS also issued in a private placement unregistered warrants to purchase up to an aggregate of 3,500,000 common shares at an exercise price of $0.25 per share. The warrants are immediately exercisable and will expire five years from the date of issuance. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The gross proceeds to the Company from the offering were $1.75 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds from the offering for working capital and general corporate purposes. The common shares offered in the registered direct Show less Read more
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