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0 -0.0247524752475248 0 0.0643564356435643 0.00495049504950507 -0.118811881188119 -0.128712871287129 -0.158415841584158
Stock impact report

Plus Therapeutics Announces Private Placement Financing of up to $18 Million [Yahoo! Finance]

PLUS THERAPEUTICS, Inc. (PSTV) 
Company Research Source: Yahoo! Finance
AUSTIN, Texas, May 06, 2024 (GLOBE NEWSWIRE) -- Plus Therapeutics, Inc. (Nasdaq: PSTV ) (the “Company”), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system (CNS) cancers, today announced that it has entered into a securities purchase agreement with new institutional investors and Company insiders to raise up to approximately $18 million in gross proceeds, including initial upfront funding of approximately $6.5 million, and up to an additional approximately $11.5 million upon cash exercise of accompanying warrants at the election of the investors. The financing includes participation from AIGH Capital Management LLC with additional participation from new healthcare-focused institutional investors as well as certain Company insiders. “The capital from this transaction, funded by experienced institutional investors and insiders, in conjunction with existing cash and grant support, provides the Show less Read more
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