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-0.0569767441860464 -0.0116279069767441 -0.0116279069767441 -0.0232558139534883 -0.0232558139534883 -0.00139534883720928 0.000116279069767429 0.00569767441860467
Stock impact report

SCYNEXIS and Aspire Capital Enter into $20 Million Common Stock Purchase Agreement

SCYNEXIS, Inc. (SCYX) 
Last scynexis, inc. earnings: 11/12 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.scynexis.com/investor-relations
Company Research Source: GlobeNewswire
SCYNEXIS has the ability, at its discretion, to efficiently access up to $20 million of capital $20 million purchase agreement, combined with $10 million cash injection from recent sale of convertible notes, affords additional financial flexibility and significantly strengthens SCYNEXIS’s financial position JERSEY CITY, N.J., April 13, 2020 (GLOBE NEWSWIRE) -- SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome and prevent difficult-to-treat and drug-resistant infections, today announced that it has entered into a Common Stock Purchase Agreement (“Purchase Agreement”) of up to $20 million with Aspire Capital Fund, LLC (“Aspire Capital”). Under the terms of the agreement, SCYNEXIS has the right to sell to Aspire Capital, from time to time and in its sole discretion, up to $20 million in shares of SCYNEXIS’s common stock over the next 30 months, subject to certain limits. There are no warrants, options, financing swaps, derivatives or Show less Read more
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