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0 -0.0197802197802197 -0.130769230769231 -0.130769230769231 0.00329670329670342 -0.00494505494505494 -0.0164835164835163 0.0395604395604397
Stock impact report

NeOnc Technologies Secures Strategic PIPE Investment led by $10 Million Investment from Cinctive Capital Management

NeOnc Technologies Holdings, Inc. (NTHI) 
Company Research Source: GlobeNewswire
CALABASAS, Calif., Jan. 30, 2026 (GLOBE NEWSWIRE) -- NeOnc Technologies Holdings, Inc. (Nasdaq: NTHI) (“NeOnc” or the “Company”), a multi-Phase 2 clinical-stage biopharmaceutical company developing novel therapies for central nervous system (CNS) cancers, today announced that it has entered into a securities purchase agreement for a private investment in public equity ("PIPE") for the purchase and sale of up to 2,222,222 shares of common stock and five-year warrants to purchase up to 2,222,222 shares of common stock at a per share exercise price of $9.00 at a combined purchase price of $7.20, that is expected to result in gross proceeds of up to approximately $16 million to the Company. NeOnc currently intends to use the net proceeds from the offering for repayment of indebtedness, and for working capital and corporate purposes. The PIPE is led by a $10 million investment by Cinctive Capital Management LP, a multi-strategy investment firm with a focus on biotechnology and therapeut Show less Read more
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