Quoin Pharmaceuticals Announces Closing of $16.8 Million Public Offering
Quoin Pharmaceuticals, Ltd. - American Depositary Shares (QNRX)
Company Research
Source: GlobeNewswire
ASHBURN, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (the “Company” or “Quoin”), a clinical stage, specialty pharmaceutical company focused on rare and orphan diseases, today announced the closing of its previously announced public offering of 11,050,000,000 ordinary shares represented by 2,210,000 American Depositary Shares at a purchase price of $5.00 per ADS and pre-funded warrants to purchase 5,750,000,000 ordinary shares represented by 1,150,000 American Depositary Shares at a per pre-funded warrant price of $4.9999 (with each ADS and pre-funded warrant accompanied by an ordinary warrant) for an aggregate gross proceeds of $16.8 million. The Company intends to use the net proceeds from the offering for general corporate purposes. A.G.P./Alliance Global Partners acted as the sole placement agent for the offering. A registration statement on Form F-1, as amended (No. 333-266476) relating to the offering was declared effective by the Securit
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QNRX
News
- Quoin Pharmaceuticals, Ltd. (NASDAQ: QNRX) had its price target lowered by analysts at Maxim Group from $15.00 to $4.00. They now have a "buy" rating on the stock.MarketBeat
- Quoin Pharmaceuticals, Ltd. (NASDAQ:QNRX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Quoin Pharmaceuticals Provides Corporate Update and Announces Fourth Quarter and 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Quoin Pharmaceuticals Provides Corporate Update and Announces Fourth Quarter and 2023 Financial ResultsGlobeNewswire
- Quoin Pharmaceuticals Announces Fourth Quarter and 2023 Financial Results and Corporate Update Conference Call to be held on Thursday March 14th at 8:30 am ETGlobeNewswire
QNRX
Analyst Actions
- 3/15/24 - Maxim Group
QNRX
Sec Filings
- 4/9/24 - Form 8-K
- 4/4/24 - Form EFFECT
- 4/2/24 - Form DEFA14A
- QNRX's page on the SEC website